Which Is the Most Accurate Statement

question 141

Multiple Choice

Which is the most accurate statement?

• A)Because the American economy is much larger than any other country,we can continue running larger and larger trade deficits for as long as we like.
• B)Most of the protesters at WTO meetings oppose strict environmental standards.
• C)Since the passage of NAFTA our trade deficits with Mexico and Canada have increased.
• D)Most economists would describe themselves as being against free trade.

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Definitions:

Bona Fide Purchaser

A person who buys something in good faith without notice of any previous claim or lien against the property.

Good Title

A rightful or legitimate claim to the ownership of property or legal recognition of the ownership of property.

Security Interest

A legal claim or right on property as collateral to secure the performance of an obligation, usually the repayment of a debt.