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
Anuta_ua [19.1K]
3 years ago
12

How did the North American Free Trade Agreement (NAFTA) benefit the US economy?

History
2 answers:
LenKa [72]3 years ago
7 0

The NAFTA agreement benefits the US economy because it creates a free trade zone that comprises the territories of the US, Canada and Mexico. Outside the US borders but inside this zone, US products compete in equal conditions with the domestic production respectively in the Canadian and Mexican markets, enhancing US exports and total GDP.

Moreover, it also allows products from these two countries to enter the US markets and to compete in equal conditions with the domestic producers, which at first might be regarded as a drawback but it is not, because stronger competition forces US producers to keep on investing money on innovation and improvements in order to beat their rivals and attract consumers. Through this process, competition leads to more efficient industries which are able to produce at a lower cost. Finally, consumers are benefited too because they can acquire products at a cheaper market price.

Zigmanuir [339]3 years ago
4 0

Answer:

(B) NAFTA boosted exports of electronic goods.

Explanation:

You might be interested in
Do you think the parents of the children who were lost during the Children's Crusades could love their enemies?
NARA [144]
It is possible that in time they could find forgiveness in their hearts for their enemies. They would probably never forget but it is possible to forgive.
7 0
4 years ago
What does europa look like and smell like?
Dafna11 [192]
Its really pretty to start with. Not sure what it smells like though. i would imagine it would be amazing too.
4 0
3 years ago
What do many believe to be the U.S.'s biggest foreign policy failure in recent years?
Lelu [443]

Answer:

A. Abandoning those living under brutal regimes and denied human rights is seen as a past foreign policy flaw.

Explanation:

6 0
3 years ago
PLEASE HELP will mark Brainlest to first correct answer!!
Ivahew [28]

Answer:This question was answered on brainly already by another person here's the link! :) brainly.com/question/4400327

Explanation:

4 0
3 years ago
What percentage was the first increase in population for the gold rush in California? 100%
Tamiku [17]

The answer is Not 100%, I chose it and got it wrong. I hope that helps a little.

3 0
3 years ago
Read 2 more answers
Other questions:
  • Why was the Spanish American war important to the U.S? Write a small summary
    15·1 answer
  • The 1st Amendment to the US Constitution restricts the government from making laws regarding
    7·2 answers
  • PLZ! HELP! WILL GIVE BRAINLIEST IF ANSWER CORRECTLY! BRAINLIEST+5PTS! I BEG YOU GUYS HELP ME PLZ!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    7·1 answer
  • People from ancient Rome and modern-day U.S. are patriotic. What does this mean?
    12·1 answer
  • why does everybody pretend that televised tragedies are real when they use actors, pictures, video and special effects?
    5·1 answer
  • The Stamp Act was the first tax upon the colonist that resulted in what?
    11·2 answers
  • How did the presidential election of 1796 differ from previous american elections?
    13·1 answer
  • How are corporations different from sole proprietorships?
    5·1 answer
  • Julia Howe and Lucy Stone were responsible for the founding of the _____ Woman Suffrage Association in 1869.
    12·2 answers
  • Which of the following was, and still is, part of the mission of the NAACP?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!