The North American Free Trade Agreement (also known as NAFTA) served to ________.

Question

Quizplus · Accepted Answer

The North American Free Trade Agreement (NAFTA) created a unified market of 465 million people and $18.1 trillion in goods and services between Mexico, Canada, and the United States. It eliminated tariffs and other trade barriers, making it easier and cheaper to trade between member nations. While there may have been some benefits to the trading relationship between Canada and the United States, it was designed to benefit all member nations. Option A is incorrect as South America is not included in NAFTA, and Option B is incorrect as NAFTA eliminated tariffs among member nations without raising them for non-members.

The North American Free Trade Agreement (Also Known as NAFTA)