North American Free Trade Agreement and Ponzi scheme: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Create page. Source: Oxford English Dictionary.)
 
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''International trade.''
''Fraud - investment.''


(NAFTA).
A Ponzi scheme is a type of investment fraud.


An agreement to facilitate free trade between Canada and the United States (from 1989) and Mexico (from 1994).
An illusion of high rates of investment return is created by making payments to early investors out of the proceeds from later investments.


This is an unsustainable structure, dependent for its continuation on attracting ever-larger numbers of investors.


==See also==
 
*[[Canada]]
== See also ==
*[[European Free Trade Association]]
* [[Fraud]]
*[[Free trade agreement]]
* [[Pyramid selling]]
*[[Free trade area]]
* [[Misrepresentation]]
*[[International trade]]
 
*[[Mexico]]
[[Category:The_business_context]]
*[[United States]]
[[Category:Investment]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Financial_products_and_markets]]

Revision as of 01:06, 29 December 2020

Fraud - investment.

A Ponzi scheme is a type of investment fraud.

An illusion of high rates of investment return is created by making payments to early investors out of the proceeds from later investments.

This is an unsustainable structure, dependent for its continuation on attracting ever-larger numbers of investors.


See also