When the North American Free Trade Agreement was adopted, it was predicted that higher-skill and higher-tech businesses in the U.S. would benefit from the elimination of trade barriers with Mexico.

Question

Quizplus · Accepted Answer

The North American Free Trade Agreement (NAFTA) aimed to eliminate barriers to trade and investment between the U.S., Canada, and Mexico. It was predicted that by doing so, higher-skill and higher-tech businesses in the U.S. would benefit from increased access to Mexican markets and the opportunity for cost savings through more efficient supply chains and production arrangements.

When the North American Free Trade Agreement Was Adopted, It