1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
brilliants [131]
1 year ago
14

Explain how trade between Mexico and the United States developed

History
1 answer:
Sveta_85 [38]1 year ago
3 0

Answer:

The North American Free Commerce Agreement allowed for the growth of trade between Mexico and the United States (NAFTA).

<h2>What is free trade agreement? How does it benefit exporters?</h2>

If two nations have a free trade agreement, there are no restrictions on commerce between them. This indicates that there are no trade restrictions, such as tariffs or quotas, between the trading partners. Depending on what they produce, exporters may experience a variety of repercussions from this.

Exporters who use the best factor of production in a nation typically benefit from free trade. Land, labor, capital, and human capital are the production elements.

Let's take the case where US and Bangladesh have free commerce. Bangladeshi exporters of goods made with inexpensive labor would profit from this transaction. Bangladesh has a significant labor supply surplus, giving it a competitive edge over businesses of a comparable nature in the US. Because there are no trade barriers, they can create their items, like clothing, for less money, sell them for less money, and outcompete American companies.

The best production variables in America, however, are capital and human capital. In this situation, US exporters of capital goods like machinery and cutting-edge equipment might outperform Bangladeshi manufacturers.

Therefore, in this scenario, free trade would benefit US manufacturers of capital- and human-capital-related items at the expense of US producers of products using cheap labor. While Bangladeshi manufacturers of goods requiring cheap labor would gain, those who make goods tied to capital and human capital would suffer.

Thank you,
Eddie

You might be interested in
To form a more perfect union
Dmitrij [34]

Answer:

Im not sure what you mean but since this is a history ? think its working together

Explanation:

7 0
3 years ago
Which of the following are based on the Earth's relationship to the sun? A.Hemispheres B. Latitude C. Longitude D.Region​
aleksklad [387]

Answer:

Longitude , C is the answer

Explanation:

3 0
3 years ago
List the three rights that God gives to all people as stated in the Declaration of Independence
Vitek1552 [10]

"Life, Liberty and the pursuit of Happiness" is a well-known phrase in the United States Declaration of Independence. The phrase gives three examples of the "inalienable rights" which the Declaration says have been given to all humans by their creator.

7 0
3 years ago
Read 2 more answers
Who good in history and can help me with #1 &amp; #2? Free Brainliest and points...
Ulleksa [173]

Answer:

1. He said they were insecure and scared of the West.

2. Containment is just a policy to stop communism.  

Explanation:

6 0
2 years ago
Read 2 more answers
In your opinion, has civil disobedience been successful in influencing politics?
Readme [11.4K]

Answer:

Civil disobedience can be viewed by many as a weapon against injustice and cruelty. It enables people to help out others by standing up against their oppressors. It gives them an opportunity to allow someone a fair and just chance at life. It allowed people to end slavery in the United States, and wars in Mexico.

Explanation:

3 0
3 years ago
Other questions:
  • Why were freedom of speech and freedom of the press important to the abolitionist movement?
    15·1 answer
  • According to the image, life for freedmen during Reconstruction was much better than it was under slavery was much worse than it
    7·2 answers
  • Under cromwell as the lord protector, government became more and more orderly and peaceful.
    10·1 answer
  • Identify some actions which abraham lincoln took without the authorization of congress ap gov
    9·1 answer
  • What is an atomic number
    9·1 answer
  • How does the three branches of government work together
    7·1 answer
  • What are some views that were held within Heian society? (select all that apply)
    15·2 answers
  • How does inflation affect investments?
    11·1 answer
  • The first new state to join the Union was __________, which was an independent republic from 1777 to 1791.
    5·1 answer
  • It is a new year in Germany for little Isaac, who is eight years old. January 1939 is not filled with promise like most new year
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!