Professor Daniel Trefler at the University of Toronto concluded
That Canada ________ from free trade with the United States
Because _______________.
A) gained; trade creation exceeded trade diversion with the United States
B) lost; trade diversion exceeded trade creation with the United States
C) first gained, then lost; trade diversion exceeded trade creation after NAFTA was fully implemented
D) neither gained nor lost; trade creation equaled its trade diversion with the United States
Correct Answer:
Verified
Q57: Which of the following represents the stage
Q58: SCENARIO: ELECTRIC FAN TRADE
u.S.firms can produce and
Q59: Q60: Why is NAFTA a freetrade area requiring Q61: The customs union could lead to losses Q63: If a customs union includes the lowestcost![]()
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