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
How did Buddha influence traditional Chinese society
kolbaska11 [484]
It influence Chinese culture in the first century it brought it with a vast personal properties from the earliest times and did in fact use of making money, it changed by the perspective of the Chinese.
7 0
3 years ago
Why was Andrew Jackson's election unique?
Goshia [24]

Andrew Jackson won redemption four years later in an election that was characterized to an unusual degree by negative personal attacks. Jackson and his wife were accused of adultery on the basis that Rachel had not been legally divorced from her first husband when she married Jackson. Shortly after his victory in 1828, the shy and pious Rachel died at the Hermitage; Jackson apparently believed the negative attacks had hastened her death. The Jacksons did not have any children but were close to their nephews and nieces, and one niece, Emily Donelson, would serve as Jackson’s hostess in the White House.

6 0
3 years ago
What do you mean by wood's despatch ?
Roman55 [17]
Wood's Despatch is the event observed in History of India under British Rule. Sir Charles Wood was the Preseident of Board of Control of the British East India Company. In 1854 he sent the Despatch to the then Governor Lord Dalhousie regarding the education in India. ... This is known as Wood's despatch
6 0
3 years ago
What was the Schliefen Plan?
Darya [45]

Answer:

The Schliefen Plan was a plan created by Schliefen which called for a blitzkrieg like attack to take over Paris, which would effectively defeat the Western Front, and then focus the Central Power's attention against Russia. However, the plan failed, and the war of the west became what is commonly known as the trench warfare today.

~

5 0
3 years ago
_______________ was the first country that Christopher Columbus approached about funding his trip to find a path to the West Ind
emmasim [6.3K]

Answer:

answer is spain

hope this helps u

4 0
3 years ago
Read 2 more answers
Other questions:
  • Which of the following was a feature of War communism?
    10·2 answers
  • The British originally established Australia to be what type of colony? A. agricultural B. industrial C. mining D. penal
    8·2 answers
  • An old problem the National Assembly still faced was
    12·1 answer
  • How did trade shape mycenaean society?
    12·2 answers
  • Based on what you have read provide three reasons why super phonic decided to make a specific type of phone in a specific way
    8·2 answers
  • During the Mexican-American War, the United States and Mexico fought over
    15·2 answers
  • According to the ruling in the Plessy v. Ferguson case, why was segregation acceptable?
    8·1 answer
  • Why did the colonists object to the Tea Act?
    9·2 answers
  • What goal did the American revolution and the French Revolution have in common?
    7·1 answer
  • A typical role of the patricians in the Roman republic was to
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!