The purpose of NAFTA is 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) provide fair and equitable tariff rates for trade between the United States, Canada, and Mexico.

Question

Quizplus · Accepted Answer

NAFTA (North American Free Trade Agreement) is an agreement between the United States, Canada, and Mexico that aims to eliminate trade and tariff barriers between the three countries. Its purpose is to promote free trade and provide greater economic opportunities for all three countries involved. Therefore, option D is the correct answer as it correctly defines the purpose of NAFTA.

The Purpose of NAFTA Is To