Which of the following is true with regard to the NAFTA?
A) NAFTA was an expansion of the United States-Japan Free Trade Agreement that had been in effect since 1981.
B) NAFTA excluded transition provisions and favored a rapid phaseout of trade barriers.
C) NAFTA was an expansion of the United States-Canada Free Trade Agreement that had been in effect since 1988.
D) NAFTA did not provide for the elimination of tariff and nontariff barriers.
Correct Answer:
Verified
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