The 1994 Agreement That Eliminated Most Tariffs Among the United

question 18

Multiple Choice

The 1994 agreement that eliminated most tariffs among the United States,Canada,and Mexico is known as

• A)the Pacific Trade Association.
• B)Trade Without Borders.
• C)NAFTA.
• D)the Western Trade Union.

---

Definitions:

Buying Center

A group composed of all of the people performing different roles in the buying process (e.g., user, buyer, decider, influencer, gatekeeper) based on their expertise and responsibilities within their firm.

Simile

A figure of speech comparing two different things, often introduced with the words “like” or “as,” to create a vivid description.

Metaphor

An implied comparison that uses a contrasting word or phrase to evoke a vivid image.

Transactional Selling

A sales strategy that focuses on achieving quick sales without a significant emphasis on building long-term customer relationships.