If a New Technology Is Theoretically Possible but Has No

question 68

True/False

If a new technology is theoretically possible but has no economic practicality,the technology will probably not emerge.

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Definitions:

NAFTA

The North American Free Trade Agreement, a treaty between Canada, Mexico, and the United States to reduce trading costs, increase business investment, and help North America be more competitive in the global marketplace.

Labor Cooperation

The collaboration between labor forces, often across organizations or countries, to achieve common objectives.

Social Clause

A provision in trade agreements aimed at ensuring that trade does not lead to the detriment of labor or environmental standards.

WTO

World Trade Organization, an international body that regulates international trade between nations, aiming to ensure that trade flows smoothly and freely.