Which of the following arguments was not raised in opposition to NAFTA?
A) By creating a regional trading block, NAFTA would strengthen GATT's global trade liberalization achievements
B) NAFTA would permit firms to take advantage of weaker environmental laws and low cost labor by locating plants in Mexico
C) NAFTA would allow U.S. products and advertising to weaken the distinctive cultures and traditions of Canada and Mexico
D) NAFTA would cause Mexican companies to suffer in competition against larger and better capitalized U.S. and Canadian firms
E) None of the above
Correct Answer:
Verified
Q15: The passage of NAFTA is unpopular with
Q19: NAFTA was built on the Mexico-Canada Free
Q21: A customs union is:
A) a group of
Q26: The maquiladoras along the U.S.and Mexican border
Q26: NAFTA:
A) lowers tariffs.
B) liberalizes trade in goods.
C)
Q28: NAFTA requires that each country enforce its
Q29: Which of the following statements is untrue
Q32: A free trade area is:
A) two countries
Q38: U.S.businesspeople complain that the quality of manufactured
Q40: NAFTA's national treatment principle states:
A) all goods
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