Which of the following probably slowed NAFTA's effect on the
Wages of Mexican workers?
A)the Mexican peso crisis in which Mexico's currency fell greatly in value
B)the reluctance of the U.S.government to allow guest workers
C)the Iraq war
D)so much illegal immigration

Question

Quizplus · Accepted Answer

The peso crisis greatly devalued Mexico's currency, which made Mexican exports cheaper and more competitive in the global market, allowing Mexican industries to expand and create more jobs. This offset the potential negative effects of NAFTA on Mexican wages.

Which of the Following Probably Slowed NAFTA's Effect on the