The principle argument of those that opposed NAFTA centered around the fear that ratification would result in:
A) higher interest rates in the U.S.
B) many Canadian and U.S. jobs transferred to Mexico
C) the move towards a common currency for NAFTA member nations
D) retaliation from the European Union
E) devalued currencies

Question

Quizplus · Accepted Answer

Those who opposed NAFTA argued that ratification would lead to many Canadian and U.S. jobs transferring to Mexico, citing the lower labor costs in Mexico as a competitive advantage for businesses. This fear was realized to some extent, as some industries did relocate to Mexico after NAFTA was enacted. Hence, higher interest rates, a move towards a common currency, retaliation from the European Union, and devalued currencies were not the principal arguments of those who opposed NAFTA.

The Principle Argument of Those That Opposed NAFTA Centered Around