Regional trade agreements like NAFTA result in all except which of the following?
A)Declining barriers to trade
B)Increased capital flows between partner nations
C)Decline in labour intensive production in Canada and the USA
D)Opportunities for managers to expand internationally
E)Decreased competition

Question

Quizplus · Accepted Answer

Regional trade agreements like NAFTA generally increase competition among member countries, rather than decrease it, as they open up markets and reduce trade barriers.

Regional Trade Agreements Like NAFTA Result in All Except Which