NAFTA (North American Free Trade Agreement) seeks to phase out all trade and tariff barriers between the United States, Canada, and Mexico. It aims to create a trilateral trading bloc in North America, promoting cross-border trade and investment while eliminating tariffs and other barriers to trade. The agreement does not specifically focus on cheap labor or immigration issues. Additionally, it does not include South America.

Solved

NAFTA Seeks to

Question 39

Multiple Choice

NAFTA seeks to

A) substitute cheap labor in Mexico for expensive labor in the United States
B) curb illegal immigration from Mexico to the United States
C) phase out all trade and tariff barriers between North America and South America
D) phase out all trade and tariff barriers between the United States, Canada, and Mexico
E) All of the above are NAFTA goals.

Correct Answer: