Question 1

Question

91]
A) Match each term with its description below. (2 points)
Unimpeded exchange and flow of goods and services between trading partners regardless of national borders
Halted the import of Canadian beef to the U.S.
A government tax on imports and exports
An alliance formed by countries with similar political or economic goals
:: Tariff
:: Free trade agreement
:: Bovine spongiform encephalopathy
:: Blocs
Question 2
A)
Which two countries in North America have established the largest trading partnership?
(1 point)
• Canada and Mexico
• United States and Mexico
• United States and Canada
• United States and Costa Rica
Question 3
91,
A)
(1 point)
Which statement best outlines a purpose of NAFTA?
establish a uniform military front within North America in order to prevent terrorism
eliminate many trading and investment barriers while improving the economies of Canada, United States, and Mexico
establish foreign trade between North American countries and Asian countries such as China and Japan
eliminate trading and investment barriers with European and Asian countries
Question 4
A)
Which statement below is not an economic impact of the North American Free Trade Agreement?
(1 point)
Elimination of tariffs between member nations reduces the cost of goods.
The largest market for Canada's agricultural exports is the United States.
Economic collaboration through intercontinental trade has created a bloc among North American countries.
Mexican businesses have relocated to the United States where labor costs are lower.
Question 5
A)
Trading between the United States and Canada has been problematic at times due to concern over
(1 point)
Canada's demand to reduce the amount of oil traded to the
U.S. because of a shortage in supply.
the contamination of Canadian beef exports due to mad cow disease.
the contamination of American vegetables due to the overuse of pesticides.
the shortage of agricultural products that can be traded due to dry and flood conditions.

Answer 1

Question 1
Match each term with its description:

1. Unimpeded exchange and flow of goods and services between trading partners regardless of national borders
   :: Free trade agreement

2. Halted the import of Canadian beef to the U.S.
   :: Bovine spongiform encephalopathy

3. A government tax on imports and exports
   :: Tariff

4. An alliance formed by countries with similar political or economic goals
   :: Blocs

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Question 2
Which two countries in North America have established the largest trading partnership?
• United States and Canada

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Question 3
Which statement best outlines a purpose of NAFTA?
eliminate many trading and investment barriers while improving the economies of Canada, United States, and Mexico

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Question 4
Which statement below is not an economic impact of the North American Free Trade Agreement?
Mexican businesses have relocated to the United States where labor costs are lower.

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Question 5
Trading between the United States and Canada has been problematic at times due to concern over
the contamination of Canadian beef exports due to mad cow disease.