Which of the following groups of countries is most likely to form a regional trading group?
A) India, Argentina, France
B) Canada, United States, Mexico
C) Brazil, Ukraine, Japan
D) Spain, South Africa, Mongolia
B
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Which of the following is true of the Visa Waiver Program?
A. It allows tourists to stay in a host nation for a limited time without a visa. B. It allows tourists to stay indefinitely without a visa in a host nation. C. It allows tourists to travel without passports. D. It is a form of approval given to immigrant that has been nationalized.
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A firm arranged for a 120-day bank loan at an annual rate of interest of 10 percent. If the loan is for $100,000, how much interest in dollars will the firm pay? (Assume a 360-day year.)
A) $10,000 B) $30,000 C) $3,333 D) $1,000
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