NAFTA probably helped productivity in Mexico's maquiladora sector, but:
a. trade with China has taken on more importance.
b. world competition and the close relationship with the United States may have limited its comeback.
c. both governments have reversed some of the tariff reductions.
d. Mexico has raised taxes on the maquiladoras, and that has caused international tension.
Ans: b. world competition and the close relationship with the United States may have limited its comeback.
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For any new deposits into the banking system, the deposit expansion multiplier provides
A) no useful information regarding the potential expansion of the nation's money supply. B) an exact prediction of the expansion of the nation's money supply. C) a theoretical limit on the potential expansion of the nation's money supply. D) an argument that deposits don't effect the nation's money supply at all.
Who among the following is considered to be in the labor force?
A) retirees B) full-time students C) discouraged workers D) unemployed workers