One of the more unique aspects of NAFTA compared with other preferential trade arrangements is the fact that the NAFTA countries have
A) similar cultures.
B) fixed exchange rates.
C) common borders.
D) very different standards of living.
D
Economics
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When federal government spending exceeds tax revenues, the federal government runs a budget surplus
Indicate whether the statement is true or false
Economics
If the exchange rate changes from 1.5 euros per dollar to 1.0 euro per dollar, the euro has
A) depreciated against the dollar. B) appreciated against the dollar. C) fallen inversely in value. D) depreciated against the euro. E) appreciated against the euro.
Economics