A more recent free trade agreement between Cost Rica,the Dominican Republic,El Salvador,Guatemala,Honduras,Nicaragua,and the U.S. ,is known as the Central American Free Trade Agreement.Its strategy is to open new markets for all member countries and to lower tariffs between participating nations.
The Central American Free Trade Agreement (CAFTA)was passed in 2005,between several Central American countries.Among its goals was to lower tariffs between participating nations and to open new market opportunities for all.

Question

Quizplus · Accepted Answer

The statement accurately describes the goals and passage of the Central American Free Trade Agreement (CAFTA).

A More Recent Free Trade Agreement Between Cost Rica,the Dominican