Which of the following statements with regards to the North American Free Trade Agreement (NAFTA) is true?
A) NAFTA in essence restricts the World Trade Organization agreement.
B) NAFTA is an agreement between Canada, the United States, and Mexico to eliminate trade with other countries not party to the agreement.
C) NAFTA is an agreement between Canada, the United States, and Mexico to eliminate trade barriers and promote free trade between the three countries.
D) NAFTA provides for no dispute resolution mechanism.
E) NAFTA is concerned solely with trade barriers, and not with environmental protection or labour standards issues.
Correct Answer:
Verified
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