A Single Taxpayer, Who Is Not a Dependent on Another's

question 85

True/False

A single taxpayer, who is not a dependent on another's return, not blind and under age 65, with income of $11,750 must file a tax return.

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Definitions:

Free Trade

Free Trade is a policy where governments do not discriminate against imports or interfere with exports, allowing goods to move freely between countries.

North American Free Trade Agreement

A trade agreement between Canada, Mexico, and the United States designed to reduce trading costs, increase business investment, and help North America be more competitive in the global marketplace.

No-Trade Situation

A theoretical scenario where no trade occurs either because of complete self-sufficiency or prohibitive trade barriers.

International Trade

The exchange of goods and services between countries, allowing for increased efficiency, market expansion, and access to resources.