Which of the Following Is Not One of the Original

question 61

Multiple Choice

Which of the following is not one of the original goals of NAFTA?

• A) Elimination of tariffs
• B) Subsidize border companies
• C) Remove agricultural barriers
• D) Remove manufacturing barriers
• E) Remove service trade barriers

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Definitions:

Capacity Utilization Rate

A measure of how efficiently a firm or economy is using its productive capacity, often expressed as a percentage of total potential output.

Full Capacity

The maximum level of output that a company can produce and supply under normal conditions.

Production Possibilities Curve

A graphical representation that shows the maximum quantity of goods and services that a society can produce given its resource and technology constraints.

World War II

A global military conflict that lasted from 1939 to 1945, involving most of the world's nations, including all of the great powers, eventually forming two opposing military alliances: the Allies and the Axis.