Ask Question
28 August, 18:17

NAFTA Multiple Choice has increased the standard of living in the North African member nations. benefits workers in the participating nations but hurts consumers by raising prices. allows completely unrestricted movement of goods, services, and resources between the member nations. has reduced most trade barriers between Canada, Mexico, and the United States.

+3
Answers (1)
  1. 28 August, 18:33
    0
    has reduced most trade barriers between Canada, Mexico, and the United States.

    Explanation:

    NAFTA is a commercial agreement between Mexico, Canada, and the United States of America. The NAFTA treaty established the second most extensive free trade block in the world but the largest in terms of trade volumes. NAFTA came into effect on 1 st January 1994.

    The objectives of the NAFTA agreement were to eradicate or minimize trade barriers amongst the member countries gradually. The nations wanted to encourage trade, especially in the clothing, textile, agriculture, and automobile industries. The treaty also established common standards in the manufacturing and other sectors of the economy.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “NAFTA Multiple Choice has increased the standard of living in the North African member nations. benefits workers in the participating ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers