jenni3618
Answered

Read about NAFTA's economic impact e, and then answer the questions that follow.
Part A
In which three areas did NAFTA reduce or eliminate tariffs?
BIU X2 X2 15px
AEEE



Answer :

GinnyAnswer

Final answer:

NAFTA reduced or eliminated tariffs in manufacturing, maquiladoras, and trade, benefiting all countries involved.


Explanation:

NAFTA (the North American Free Trade Agreement) reduced or eliminated tariffs in three main areas:

  1. Manufacturing: It allowed for the relocation of manufacturing plants from the U.S. to Mexico due to low-cost labor, benefiting both countries.
  2. Maquiladoras: These manufacturing plants in Mexico assemble products for export, contributing to economic growth.
  3. Trade: NAFTA facilitated increased corporate investments across borders, boosting economies in Canada, Mexico, and the U.S.

Learn more about North American Free Trade Agreement (NAFTA) here:

https://brainly.com/question/32444532


Other Questions