Under NAFTA, Canadian companies enjoy more trade and investment relationships with U. S. firms than with Mexican firms because of language similarities between Canada and the U.S.

Question

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NAFTA stands for North American Free Trade Agreement and it is a trade agreement between Canada, the United States, and Mexico. While language similarities may play a role in business relationships, the reason why Canadian companies have stronger ties with U.S. firms is mainly due to historical and geographic reasons, such as proximity and cultural similarities, as well as the deep economic interdependence between the two countries.

Under NAFTA, Canadian Companies Enjoy More Trade and Investment Relationships