Which of the Following Statements Is True About NAFTA

question 57

Multiple Choice

Which of the following statements is true about NAFTA?

• A) It allows the use of standards and technical regulations as obstacles to trade.
• B) It was ratified and became effective in the year 2000.
• C) It prohibits U.S. and Canadian financial institutions to open wholly owned subsidiaries in Mexico.
• D) Its provisions require goods to contain minimum of 10% North American content to be traded duty free.
• E) Its provisions require Canada, Mexico, and the United States to implement uniform customs procedures and regulations.

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Definitions:

Interviewer

A person who conducts an interview, often for the purpose of evaluating qualifications or obtaining information.

Candidate

An individual who is being considered for a role, position, or opportunity.

Interpersonal Skills

The abilities used by a person to interact effectively with others, including communication, empathy, and conflict-resolution skills.

Communicators

Individuals or entities that are involved in the transmission of information, ideas, or emotions to others.