Which of the Following Statements Is True About NAFTA

question 241

Multiple Choice

Which of the following statements is true about NAFTA?

• A) It is a free trade agreement between Canada and the United States.
• B) It was initiated by the United States.
• C) It is built on the Canadian Free Trade Agreement (FTA).
• D) It immediately eliminated tariffs among the United States,Mexico,and Canada.
• E) It was enacted in 2002 and encourages free trade.

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Definitions:

Preliminary Controls

Early measures or procedures put in place to identify potential risks and prevent future problems, ensuring that organizational objectives are achieved effectively.

Post-action Controls

Mechanisms put in place to evaluate and adjust processes or activities after they have occurred, to ensure objectives are met and to learn from the outcomes.

Feedback Control

A process by which information about the past or present influences the same phenomenon in the present or future, commonly used in management and engineering to regulate systems.

Mistakes

Actions or decisions that are incorrect or unwise, often leading to undesired outcomes.