64. Unit 10-3: 90s - 2000s Economics (part 1) Question Preview (ID: 51670)


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If you want to protect American employees and the economy;_____________must be willing to pay more for goods.
a) Americans
b) Neoliberals
c) World Markets
d) Canadians

Tariffs, taxes on imported goods, are back. Making it cost more to buy imported goods.
a) True
b) False
c)
d)

Goods cost more in America because we pay our workers______________.
a) Stimulus
b) Assistance
c) Income disparity
d) Fair wages

Before NAFTA the US had tariffs in place to make American made goods more affordable than goods made in Canada and ___________.
a) Europe
b) England
c) Mexico
d) Italy

The NAFTA agreement led to ________________. Got rid of all trade barriers and let goods and ideas flow freely.
a) Deregulation
b) Nationalization
c) Globalization
d) Overspeculation

The _____________liked globalization. The prices for goods were less.
a) Neoliberals
b) Populist
c) Conservatives
d) Federalist

The _____________hated globalization. There were fewer jobs and the fact that the US wasn’t “making things” anymore.
a) Neoliberals
b) Populist
c) Conservatives
d) Federalist

Today, in the US we buy most of our goods from ___________.
a) Mexico
b) Japan
c) China
d) Canada

Buying so many goods from China has caused huge problems with the Global ______________, COVID-19. We need items only made in China, but we no longer trust them.
a) Vaccine
b) Sickness
c) Pandemic
d) Genocide

Once NAFTA was in place, companies in Mexico and Canada no longer had to pay taxes to ship their goods to the US. Many US companies and factories in the US closed because of this.
a) True
b) False
c)
d)

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