Inflation is the increase in level of prices in an economy, while deflation is a decrease of the prices.
Inflation has a higher price increase, which means there will be less purchases. Deflation has a lower prices, so the quantity or amount of the item will be out of stock quicker.
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Explanation:
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Clinton believed that GATT decreased government spending to record lows and promoted trade with other countries.
He also considered that Nafta eliminated the trade barriers between Mexico, Canada and the U.S, as well as increasing jobs and reduced prices of products .
B, because when Japan attacked China, China unified to fight a common enemy.
