The Following Statements Are True About the United States and Canada

question 80

Multiple Choice

The following statements are true about the United States and Canada except:

• A)The legal and business environments of the two countries are very different
• B)Both countries are participants in NAFTA
• C)Canada is the largest trading partner of the U.S
• D)In recent years, Canadian firms have begun investing heavily in the U.S

---

Definitions:

Mutually Exclusive Projects

Projects involving investments where choosing one excludes the possibility of selecting another.

Discount Rate

The rate at which the Federal Reserve lends money to financial institutions through its discount window.

Required Rate

The minimum expected rate of return on an investment, considering its risk.