Which of the following statements is true regarding NAFTA?
A) It allows the use of standards and technical regulations as obstacles to trade.
B) It was ratified and became effective in 2000.
C) It prohibits U.S. and Canadian financial institutions to open wholly owned subsidiaries in Mexico.
D) It has three members: Canada, South Africa, and the United States.
E) Under its provisions, Canada, Mexico, and the United States have agreed to implement uniform customs procedures and regulations.
Correct Answer:
Verified
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