Which Country Listed Below Would You Expect to Have the Highest

question 24

Multiple Choice

Which country listed below would you expect to have the highest ecological footprint?

• A)USA
• B)Mexico
• C)Sweden
• D)Kenya

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Definitions:

Equilibrium Price

is the price at which the quantity of goods supplied is equal to the quantity of goods demanded.

Exports and Imports

The totality of goods and services sent out to other countries (exports) and brought into a country (imports) from abroad.

NAFTA

The North American Free Trade Agreement, a treaty between Canada, Mexico, and the United States to reduce trade barriers and promote economic cooperation.

Free-Trade Area

A region where member countries agree to eliminate tariffs and other barriers to trade in goods and services amongst themselves.