Questions

The North American Free Trade Agreement (NAFTA) is an agreement signed by Canada, Mexico, and the United States and entered into force on 1 January 1994 in order to establish a trilateral trade bloc in North America.

If some action has started in the past and is still continuing, then present perfect continuous tense should be used instead of present continuous tense. So, the phrase ‘am living’ needs to be replaced with ‘have been living’ to make the sentence contextually correct. Thus, the correct formation would be, ‘I have been living in Bombay for the last ten years’.

Adam Smith propounded the following first four canons of taxation -(1)Canon of Equity. (2) Canon of Certainty: (3) Canon of Convenience or Ease (4) Canon of Economy.