The primary purpose of NAFTA is to
A) Encourage the development of the Mexican and Canadian economies at the expense of U.S.workers and consumers.
B) Protect U.S.and Canadian workers from unfair competition from Mexico.
C) Increase income in Mexico,Canada,and the United States by encouraging free trade.
D) Ensure that there are no losers as the result of trade agreements between Mexico,Canada,and the United States.
Correct Answer:
Verified
Q111: A quota is
A)A limit on the quantity
Q112: Quotas are a greater threat to competition
Q113: What should happen to the equilibrium price
Q114: Overall NAFTA has resulted in
A)Massive unemployment and
Q115: A principal objective of the World Trade
Q117: When a country imposes tariffs,it is likely
Q118: If the United States raises tariffs on
Q119: A beggar-thy-neighbor policy is
A)The imposition of import
Q120: Tariffs tend to reduce the volume of
Q121: Preservation of national security is one argument
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