In the United States,which group was most likely to be hurt by the North American Free Trade Agreement?
A) Unskilled labor
B) Skilled labor
C) Owners of capital equipment
D) Owners of financial capital

Question

Quizplus · Accepted Answer

Unskilled laborers were most likely to be hurt by NAFTA, as it led to increased competition from cheaper labor in Mexico, resulting in the loss of jobs and lower wages for workers in industries such as manufacturing and agriculture. Meanwhile, owners of capital equipment and financial capital were able to benefit from the increased access to markets in Mexico and Canada, and skilled laborers were less affected due to their specific skill sets and higher wages.

In the United States,which Group Was Most Likely to Be