Which of the following is NOT a reason Mexico and Canada wanted a free trade agreement with the United States?
A) Mexico wanted increased direct foreign investment.
B) Canada wanted to guarantee access to the U.S. market.
C) Mexico wanted the United States to lower its high barriers to Mexican products.
D) Canada wanted its firms to become more globally competitive.
E) Mexico wanted to institutionalize its economic reforms.
C
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If a policy change by the Fed is ________, then the change in policy has exactly the same result on the economy as it does when we assume that households and firms have adaptive expectations
A) unannounced or not credible B) unannounced or credible C) announced or credible D) announced or not credible
Figure 17-8
Refer to . With trade, this country
a.
exports 20 wagons.
b.
exports 50 wagons.
c.
imports 30 wagons.
d.
imports 50 wagons.