Regarding NAFTA's investment provisions:
A) domestically owned companies are given priority over foreign-owned firms
B) Mexico has stricter environmental laws than the United States.
C) firms operating in any NAFTA country can convert foreign exchange at local banks.
D) local firms owned by investors from other NAFTA countries must fill senior management positions with local citizens.
C
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Although the U.S. has had a longstanding agreement with ___________ after the passage of NAFTA, _________ became the United States' second largest trading partner.
A. Canada, Venezuela B. Canada, Mexico C. Mexico, Canada D. Mexico, Venezuela E. Great Britain, Paraguay
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Why is an internally generated cash flow of such importance to Merck? Can't Merck use the financial markets as a source of funds?
What will be an ideal response?
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