Scenario - Sarten Gas Company Established in Salt Lake City, UT in 1975, the Sarten Gas Company (SGC)has grown to be a recognized name in the industry. Since its inception, this company has been able to withstand serious economic downturns in the economy. It has been able to remain financially stable when many others in the industry have struggled with financial losses. The expertise and knowledge of its leaders has led the SGC to be one of the few companies in the industry able to report continued growth. This excellent track record has inspired the owners of SGC into embracing the idea of expansion. Sarten plans to begin trading with Canada this year and plans to include trading with Mexico within the next three years. The leaders of Sarten Gas feel confident these new trade deals will prove successful for the company and its shareholders. Which one of the following represents a trade agreement most likely to impact the Sarten Gas Company and its proposed trading partners?

Question

Scenario - Sarten Gas Company Established in Salt Lake City, UT in 1975, the Sarten Gas Company (SGC)has grown to be a recognized name in the industry.  Since its inception, this company has been able to withstand serious economic downturns in the economy.  It has been able to remain financially stable when many others in the industry have struggled with financial losses.  The expertise and knowledge of its leaders has led the SGC to be one of the few companies in the industry able to report continued growth. This excellent track record has inspired the owners of SGC into embracing the idea of expansion.  Sarten plans to begin trading with Canada this year and plans to include trading with Mexico within the next three years.  The leaders of Sarten Gas feel confident these new trade deals will prove successful for the company and its shareholders. Which one of the following represents a trade agreement most likely to impact the Sarten Gas Company and its proposed trading partners?

Quizplus · Accepted Answer

NAFTA (North American Free Trade Agreement) is the trade agreement most likely to impact Sarten Gas Company as it involves the United States, Canada, and Mexico, which are the countries Sarten plans to trade with.