Which of the following outcomes has been attributed to the North American Free Trade Agreement (NAFTA)?
A) the creation of hundreds of new manufacturing plants in the United States and Mexico and an economic upturn in both countries
B) a limited increase in cross-border trade, slight increase in agricultural jobs in Mexico, and an economic boost for Mexico
C) a significant improvement in factory conditions for Mexican laborers, the loss of agricultural jobs in the United States, and a decrease in number of unauthorized Mexican immigrants in the United States
D) a substantial increase in cross-border trade, an increase in job and income inequalities, the loss of agricultural jobs in Mexico, and gains for large U.S. agricultural companies

Question

Quizplus · Accepted Answer

NAFTA has resulted in a significant increase in cross-border trade, but has led to job and income inequalities, loss of agricultural jobs in Mexico, and gains for large U.S. agricultural companies. Despite promises of job creation in the United States, many manufacturing jobs were actually lost as companies moved production to Mexico where labor was cheaper. The agreement also abolished tariffs on U.S. agricultural imports, leading to a flood of cheap agri-products in Mexico that displaced local farmers. This benefited large U.S. agricultural companies but hurt small farmers in Mexico.

Which of the Following Outcomes Has Been Attributed to the North