How Has the Administrative and Political Distance Between Canada, Mexico

question 19

Multiple Choice

How has the administrative and political distance between Canada, Mexico, and the United States been reduced?

• A) By adopting similar national cultures
• B) By lowering the disparities between their per capita incomes
• C) By establishing the North American Free Trade Agreement (NAFTA)
• D) By reducing their linguistic differences

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Definitions:

Limited Liability Corporation

A corporate framework that merges the direct taxation benefit of sole proprietorships or partnerships with the corporation's advantage of limited liability.

Partnership

A legal and business relationship between two or more people who collaborate and share the responsibilities, profits, and losses of running an enterprise.

Resource Plan

A detailed outline identifying the resources (such as manpower, tools, finances) required to complete a project or achieve a business objective.

Business Plan

A formal written document that outlines the goals, strategies, financial expectations, and market analysis for a business over a specific time period.