Which of the following statements is true of NAFTA?
A) It introduced a common currency for trade between the U.S., Mexico and Canada.
B) It overrode the local content requirements and rules of origin for products manufactured in the member nations.
C) It eliminated all tariffs and nontariff trade barriers on goods originating from within North America.
D) It called for stringent rules regarding government procurement practices and the imposition of countervailing duties.

Question

Quizplus · Accepted Answer

NAFTA, the North American Free Trade Agreement, primarily aimed to eliminate tariffs and non-tariff trade barriers on goods originating within North America, facilitating freer trade between the U.S., Mexico, and Canada.

Which of the Following Statements Is True of NAFTA