nafta: group of answer choices created a free-trade zone for the united states, england and canada was hailed by organized labor raised tariffs significantly created a free-trade zone for the united states, mexico and canada

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09-12-2022
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nafta: group of answer choices created a free-trade zone for the united states, england and canada was hailed by organized labor raised tariffs significantly created a free-trade zone for the united states, mexico and canada

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contexto38 contexto38 · Answer 1 · 2022-12-15T09:42:16-05:00

A free-trade area was established for the US, Mexico, and Canada as a result of NAFTA. The right response, in this case, is option A.

The North American Free Trade Agreement (NAFTA), which was signed by Canada, Mexico, and the United States in 1992 and came into force on January 1, 1994, created a free-trade zone in North America. The bulk of commodities produced by the signatory countries was immediately free of tariffs thanks to NAFTA.

The free trade pact that the United States and Canada signed in 1988 served as the basis for the accord. NAFTA provides measures for the protection of intellectual property rights and almost all trade and investment obstacles between the three North American nations.

Complete question:

NAFTA:

a) created a free-trade zone for the United States, Mexico, and Canada.

b) created a free-trade zone for the United States, Great Britain, and Canada.

c) was hailed by organized labor and environmental groups.

d) raised tariffs significantly against imports from South America.

e) created a free-trade zone for the United States, Japan, and Western Europe.

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