Unformatted text preview: aiding communities that have suffered a loss in tax revenues from foreclosures to refinancing homeowners who need cheaper mortgages. 7. So far Europe’s economy has shown resilience to the declining dollar, but the concern is still there because the automaker section is going to have to raise interest rates. 8. NAFTA is the North American Free Trade Agreement, the cons are that some Americans lose jobs to Mexico or Canada because of cheap labor, but the pros are that new ones are created in heavy manufacturing and services, and Mexico specializes in industries where it has cheap labor but it imports U.S. goods requiring advanced technology. 9. The olympic games are now serving to highlight events such as the crackdown in Tibet, which is not was was planned. 10. CBS Capitalized because they are going to stream all 63 games on the web and bring around 23 million from ads, up from 10 million last year....
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- Spring '07
- North American Free Trade Agreement, Olympic Games, JPMorgan Chase, Bear Stearns