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Prior to NAFTA,the United States Implemented a Number of Tariffs

question 24

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Prior to NAFTA,the United States implemented a number of tariffs to protect the auto industry and farmers against foreign competition.A tariff is an example of trade protectionism.


Definitions:

Test Statistic

A value calculated from sample data during a hypothesis test that is used to determine whether to reject the null hypothesis.

ANOVA Table

A statistical table used in analysis of variance that summarizes the data variability within groups and between groups.

Mean Square

A statistic that represents the average of the squares of a set of values, often used in variance and regression analysis.

F Statistic

A ratio of variances that is used in the analysis of variance (ANOVA) to assess the significance of group differences.

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