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worty [1.4K]
3 years ago
5

What is one of the benefits of NAFTA for Mexico?

Geography
1 answer:
andrew-mc [135]3 years ago
7 0

Employment in maquiladoras

Explanation:

  • 1. NAFTA(North American Free Trade Agreement) was helping to eliminate the barriers in the trade and investment between Canada, Mexico and the U.S.
  • 2. NAFTA implemented on January 1, 1994, brought the sudden abolishment of tariffs on more than one -third of United State’s exports to Mexico and one-half of Mexico’s exports to United Staes.
  • 3. NAFTA helped Mexico to get more private investments but initially, NAFTA failed to create jobs but later it was successful.

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