Question 816

In 2008, the NAFTA agreement was valued at over $1 trillion. What specific type of trade does this figure represent?

  1. ACross-border employment
  2. BServices trade
  3. CTotal government spending
  4. DMerchandise trade
Show the answer and explanation

Correct answer: D) Merchandise trade

Explanation

The guide explicitly states that in 2008, the North American Free Trade Agreement (NAFTA) accounted for over $1 trillion in merchandise trade.

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