Which of the Following Observations About NAFTA Is Incorrect

question 65

Multiple Choice

Which of the following observations about NAFTA is incorrect?

• A)Mexican businesses are finding themselves able to take advantage of the U.S.market by replacing goods that were previously purchased from Asia
• B)Mexican firms are now able to produce products at highly competitive prices thanks to lower-cost labor and proximity to the American market
• C)Mexican firms can now export goods into the European community only by paying a heavy tariff
• D)Mexico's trade with Asia is on the rise which is important to the country as it wants to reduce its overreliance on the U.S.market

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Definitions:

Synovial

Pertaining to or secreting synovia, a lubricating fluid found in the cavities of synovial joints, facilitating smooth movement.

Cartilaginous

Relating to, or made of cartilage, a flexible connective tissue found in various parts of the body.

Synergistic

Working together of two or more substances, organs, or organisms to achieve an effect greater than the sum of their individual effects.

Fibrous

Characterized by containing, resembling, or consisting of fibers, often related to certain types of tissues in plants or the body.