Solved

Which of the Following Statements Is True About NAFTA

Question 84

Multiple Choice

Which of the following statements is true about NAFTA?


A) It allows the use of standards and technical regulations as obstacles to trade.
B) It was ratified and became effective in the year 2000.
C) It prohibits U.S. and Canadian financial institutions to open wholly owned subsidiaries in Mexico.
D) Its provisions require goods to contain minimum of 10% North American content to be traded duty free.
E) Its provisions require Canada, Mexico, and the United States to implement uniform customs procedures and regulations.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents