What Is the Name of the Single Agreement That Created

question 73

Multiple Choice

What is the name of the single agreement that created a market of 447 million people and will eliminate all trade barriers and investment restrictions among the United States,Mexico,and Canada?

• A) GATT
• B) WTO
• C) NAFTA
• D) CAN
• E) EU

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Definitions:

Acceptance

The act of consenting to receive or undertake something offered, or the process of being received as adequate or suitable.

Rejection

The act of dismissing or refusing acceptance, acknowledgment, or approval, which can occur in interpersonal relationships, workplace settings, or social interactions.

Contrast Effect

A cognitive bias where the value or quality of an object is perceived differently when compared alongside other objects, significantly altering perception and judgement.

Balance Theory

A psychological theory suggesting that individuals strive for consistency and balance in their relationships and beliefs for psychological comfort.