NAFTA Refers to a 1994 Agreement That Eliminated Most Tariffs

question 178

Multiple Choice

NAFTA refers to a 1994 agreement that eliminated most tariffs among which countries?

• A)Canada, the United Kingdom, and Mexico
• B)the United States, the United Kingdom, and Mexico
• C)the United States, Canada, and Mexico
• D)the United States, Mexico, and Cuba

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Definitions:

Credit Rating

An assessment of the creditworthiness of a borrower, either a business or a governmental entity, reflecting their ability to repay borrowed money.

Bondholder

An investor who owns bonds issued by a corporation or government, entitling them to receive fixed interest payments.

Board Of Directors

A group of individuals elected by shareholders to oversee the management and governance of a corporation.

Convertible Bond

A type of bond issued by corporations that can be converted into a predetermined number of shares of the issuing company's stock at certain times during the bond's life, usually at the discretion of the bondholder.