Multiple Choice
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
Correct Answer:
Verified
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