NAFTA:
A) is a free-trade pact between the U.S., Canada, and Mexico.
B) is a long-term proposition.
C) has already eliminated most trade barriers with Mexico.
D) All of these are correct.

Question

Quizplus · Accepted Answer

NAFTA is a free-trade agreement between the United States, Canada, and Mexico. It was signed in 1994 and has been in place for over 25 years, making it a long-term proposition. NAFTA has already eliminated most trade barriers between the member countries, allowing for free trade between these nations. Therefore, all of the given statements are correct.