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
Andre45 [30]
3 years ago
8

What did President Clinton believe would be a result of the North American Free Trade Agreement? increased jobs and lower prices

decreased jobs and increased prices decreased world trade sharply increased prices
History
2 answers:
koban [17]3 years ago
6 0

President Clinton believed that the North American Free Trade Agreement would result in increased jobs and lower prices.

In this era of globalization, tariff barriers and customs only act detrimental to global trade and commerce, which not only circulates finances and improves the flow of cash around the globe, but is also a significant diplomatic gesture. Since the Nineteenth century, several nations have achieved the goal of political co-operation through economic co-operation and economic diplomacy. The North American Free Trade Agreement can be equated as an example of economic co-operation and economic diplomacy among the United States, Mexico, and Canada. By NAFTA, the three nations jointly agreed to the abolition of all trade barriers and the dropping of customs on various products that were being exchanged between all three nations. Usually, it is seen as a willingness to extend economic co-operation with the aim of the nation’s own economic advancement and improvement. The achievements of economic co-operation through NAFTA were manifold.

Further Explanation-

The 1950s was a decade which saw attempts by several nations attempting to recover from the devastating aftermath of the Second World War through a policy of economic co-operation. As the industries of the European nations began to recover from the World War trauma, the nations focused on the free movement of goods and supplies across the nations that signed friendly trade agreements and agreed to economic co-operation. Inspired by the outstanding success of the European Economic Community, the premiers of the United States, Canada and Mexico decided to open their economic borders by undergoing a gradual process of removal of customs and abolition of tariff on the movement of raw materials and finished products through these regions. The NAFTA thereby aimed at a structural process of industrial growth, while revitalizing the economy of all of these nations. The increased demand for products required an increased supply, that necessitated increased industrial production and output, which guaranteed an improved salary structure, more employment opportunities, and better living conditions throughout these nations.

Learn more:

1. Under the reign of Louis xiv, the government in France was a/an

<u>brainly.com/question/191075 </u>

2. According to Roger Williams, how did the English usually justify their attacks on the Indians?

<u>brainly.com/question/4891530 </u>

<u> </u>

Answer Details-

Grade- Graduation

Chapter- The Economic Reconstruction of the United States

Subject- History

Keywords-

Economic co-operation, globalization, trade, the abolition of the tariff, customs, political and economic diplomacy, economic reconstruction.  

miv72 [106K]3 years ago
3 0

increased jobs and lower prices

Clinton signed the North American Free Trade Agreement in 1994 to remove the barriers to trade with Mexico and Canada with the goal of creating new American jobs and lower prices on imported goods.

During the late 1970's and through the 1980's the US began to de-industrialize. This means factories began to shut down as companies were established in developing countries. Americans were experiencing job loss and prices on goods now produced in other countries were expensive due to tariffs. By signing NAFTA, Clinton removed tariffs from goods imported from Canada and Mexico making many manufactured goods and foods cheaper. The agreement also created more jobs in new industries to support the imports coming in. Customer service based jobs became available which were better paying jobs than the factory jobs they were replacing.

You might be interested in
In which type of economy would consumers have the most choices of products to buy?
bonufazy [111]

Answer:

I'd say a command economy.

Explanation:

I know a command economy tells people what to buy.  

I may be wrong, if I am, I'm so sorry!

4 0
3 years ago
Which of the following scenarios illustrates an action that would be protected by the free exercise clause in the First Amendmen
Sever21 [200]

Answer:

number 3

Explanation:

The first amendemnt has the rights and equality for everyone to be whichever religion they want to be

4 0
3 years ago
According to the speaker, Who were the “miserable wretches”? What were the two things they did to Mexico?
grandymaker [24]

Answer:

Destroyed Europe--the ape is representing Germany and he has taken a lady (representing liberty) is the answer.

Destroyed Europe--the ape is representing Germany and he has taken a lady (representing liberty). He is stepping onto the shores of America with Europe in the background destroyed.  

This poster encourages support for US entry into World War I to protect the values of liberty in America. It suggests that Germany is made with power and will not stop with Europe but will continue to the US to destroy America as well.

Explanation:

7 0
2 years ago
Which event in figure 18-1 suggest that the American revolution had a global impact?
wariber [46]

what is your question this doesnt make sense



4 0
2 years ago
Who sent troops to Lexington and Concord to capture stores of ammunition
Vika [28.1K]
Thomas Gage, also known as General Gage was responsible for sending those troops for ammunition. 

~I hope this helped!

I am, yours most sincerely,
Joshua A. Bunn
6 0
3 years ago
Read 2 more answers
Other questions:
  • In 2003 u.s. soldiers abused iraqi prisoners held at abu ghraib, 20 miles west of baghdad. the prisoners were stripped, made to
    7·1 answer
  • I’ve been stuck on this for a while, can somebody help me?
    10·1 answer
  • Okay, so this is not a homework question, but I just wanna know. What came first? The chicken or the egg.​
    12·2 answers
  • What was the purpose of the transcontinental railroad?
    8·1 answer
  • Write a paragraph explaining why the US went to war with Spain ( a complete paragraph is 5 sentences).
    15·1 answer
  • Which factor played the GREATEST role in making World War I one of the deadliest conflicts in human history?
    8·2 answers
  • Which of these accurately reflects a WEAKNESS in the Articles of Confederation?
    9·1 answer
  • What are the names of Noah's sons?<br>​
    15·1 answer
  • Will mark brailiest
    14·2 answers
  • True/False:<br><br> The famous Alps cover much of the west and south
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!