- NAFTA was a free trade agreement between Canada, Mexico, and the United States. - It came into effect on January 1, 1994. - It aimed to eliminate most tariffs on products traded among the three countries.
Which of the following is *not* associated with NAFTA?
Asked in BPSC Prelims Exam 64th · Topic: Trade Balance and Trade Deficit/Surplus (Role of Global Economic Conditions and Geopolitical Factors on Trade Balance)
More External Sector of Economy questions
- Which country was invited by the host UAE as the 'Guest of Honour' to attend 46th Session of the Council of Foreign Ministers of the Organization of Islamic Cooperation (OIC) held in Abu Dhabi recently?
- India recently resumed talks with EFTA countries for TEPA (Trade and Economic Partnership Agreement). Which of the following countries are members of EFTA (European Free Trade Association) association? A. Liechtenstein B. Norway C. Sweden D. Denmark E. Iceland
- Consider the following statements with reference to GATT agreement (General Agreement on Trade and Tariffs). GATT was established in 1948. Initially, the total number of members of GATT was 23 countries. In a way WTO is the successor of GATT. GATT administers all bilateral and multilateral Trade agreements. Which of the above statement/s is/are correct ?
- If the rupees per US Dollar exchange rate changes from ₹ 60 to ₹ 65 in a time period by the market forces, it implies:
- Which one of the following regions has emerged as the largest International Trade Partner (Export and Import) of India in 2008-09 ?
- When the exchange rate changes from 1$ = ` 60 to 1$ = ` 58, it means : I. Rupee value has appreciated II. Dollar value has depreciated III. Rupee value has depreciated IV. Dollar value has appreciated
- The rise in value of one currency relative to another is –
- Which among the following currencies is the costliest?