In 1993 Congress enacted, with approval of the Clinton Administration, the North American Free Trade Agreement (NAFTA) . Though it has been politically controversial at times within the United States, what is the purpose of NAFTA?
A) To lift trade barriers such as protective tariffs and investment restrictions between the United States, Canada and Mexico
B) To strictly guard American economic interests in the global market
C) To form economic alliances that would later lead to cooperative military cooperation against common threats
D) To lift trade barriers to China and East Asian markets in order to increase American exports into those regions
E) To force American companies to increase trade with Mexico
Correct Answer:
Verified
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