Because NAFTA Is a Short-Term Proposition, Its Economic Impact Has

question 112

True/False

Because NAFTA is a short-term proposition, its economic impact has already been as significant as it is likely to be.

---

Definitions:

Forbearance to Sue

An agreement between a creditor and a debtor in which the creditor agrees not to sue the debtor for a specified period of time.

Statute of Limitations

A law that sets the maximum period one can wait before filing a lawsuit, depending on the type of case or claim.

Consideration

The value (such as money, services, or goods) that is exchanged between parties in a contract, serving as the essential reason for a party entering into a legal agreement.

Binding Requirement

A legal or formal obligation that parties must adhere to.