A Recap of the Effects of NAFTA for Its First

question 38

Multiple Choice

A recap of the effects of NAFTA for its first nine years reveals some adjustment costs were offset by:

• A) increased exports of U.S. manufactured goods to China.
• B) increased benefits for U.S. consumers due to expansion of varieties of imports from Mexico.
• C) increased benefits for low-wage Mexican workers.
• D) increased employment of low-skilled American workers.

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Definitions:

Performance Management Programs

Systems and processes that help improve employees' performance and align their objectives with the organization's goals.

Employee Goals

Objectives set by individuals within their professional role, aimed at achieving specific outcomes or improvements.

Personal Biases

Individual preconceived notions or preferences that influence judgment and decision-making, often unconsciously.

Business Strategy

A set of competitive moves and actions that a business uses to attract customers, compete successfully, and achieve organizational goals.