According to the textbook,one likely short-term effect of NAFTA would be that many U.S.and Canadian firms will move some production to Mexico to take advantage of
A) cheaper transportation costs.
B) lower interest rates.
C) lower labour costs.
D) a higher skilled labour force.
E) the Mexican market.

Question

Quizplus · Accepted Answer

The textbook states that one likely short-term effect of NAFTA would be that many U.S. and Canadian firms will move some production to Mexico to take advantage of lower labor costs. This is because Mexico has lower wages and fewer labor protections than the United States and Canada.

According to the Textbook,one Likely Short-Term Effect of NAFTA Would