Examlex
For married couples, the additional Medicare tax is based on the couple's combined wages.
Trade Deficit
A situation where a country's imports of goods and services exceed its exports, reflecting a negative balance of trade.
NAFTA
The North American Free Trade Agreement, a treaty between the United States, Canada, and Mexico that aimed to reduce trading barriers.
Mexico
A country in the southern portion of North America, known for its rich cultural heritage, diverse landscapes, and significant contributions to art, cuisine, and music.
Canada
A country in North America known for its vast landscapes, multicultural cities, and bilingual official languages of English and French.
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