Which of the Following Statements Characterizes NAFTA's Economic Arrangements Among

question 80

Multiple Choice

Which of the following statements characterizes NAFTA's economic arrangements among its member countries (Canada, Mexico, and the United States) ?

• A) There are no restrictions on the movement of labor from one country to another.
• B) There are no restrictions on the movement of capital from one country to another.
• C) All three countries have adopted the same identical tariff system.
• D) There is free trade among the three member countries.

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Definitions:

Matrix Design

An organizational structure that combines two or more different hierarchies, typically product- and function-based, to facilitate resource sharing and collaboration.

Network Design

The process of planning and structuring a communication network, including the physical and logical layout of network resources, to efficiently meet user needs and business objectives.

Functional Design

A design approach focused on creating products, systems, or services that are primed primarily for efficient and effective functionality rather than aesthetic qualities.

Multidivisional Design

A type of organizational structure that segments operations by product, service, or geographic location, facilitating specialization and managerial focus.