(I)Securities That Have an Original Maturity Greater Than One Year

question 16

Multiple Choice

(I) Securities that have an original maturity greater than one year are traded in money markets.
(II) The best known money market securities are stocks and bonds.

• A) (I) is true, (II) false.
• B) (I) is false, (II) true.
• C) Both are true.
• D) Both are false.

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Definitions:

North American Free Trade Agreement (NAFTA)

A treaty between the United States, Canada, and Mexico that eliminated most tariffs and trade barriers between the countries, effective from 1994 until replaced by the USMCA in 2020.

Trade Restrictions

Regulations or policies that governments impose to control the amount and types of goods and services that can be imported or exported, affecting international trade.

United States and Mexico

are neighboring countries in North America, sharing a long border and involved in significant trade, diplomatic, and cultural exchanges.

Dumping

The practice of exporting goods at prices lower than the home market prices, often considered unfair trade and subjected to penalties.