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]
2 years ago
12

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

History
2 answers:
LenKa [72]2 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]2 years ago
4 0

Answer:

(B) NAFTA boosted exports of electronic goods.

Explanation:

You might be interested in
What type of people started moving into the city during late 1800's and early1900's?
mars1129 [50]
Immigrates who were farmers i think<span />
4 0
3 years ago
Read 2 more answers
According to John Yoo's letter, the government's duty to defend the United States from terrorists gives the federal government t
PolarNik [594]

The answer is a. citizens.  He has an extreme view on how to deal with terrorism.  He believes that citizens of terrorists are themselves either supporters or terrorists as well.  He gives the government a free reign on fighting terrorists no matter how they do it.

6 0
3 years ago
Read 2 more answers
How did Emperor Wen, of the Han Dynasty in ancient china change China ?
AveGali [126]

Answer:

Explanation:was the fifth emperor of the Han dynasty of ancient China. ... According to historians, Emperor Wen trusted and consulted with ministers on state affairs; under the influence of his Taoist wife, Empress Dou, the emperor also sought to avoid wasteful expenditures

8 0
2 years ago
what are two things that helped cause major recession in America during the early 1970s? a. stagnating economy b. increase in ta
Art [367]

Answer: it is A) stagnating economy

& C) massive Federal debt

Explanation:

3 0
2 years ago
Read 2 more answers
Was propaganda a cause for world war II?
scoray [572]

Answer:

yes propaganda a cause for world war ll

4 0
2 years ago
Other questions:
  • Describe the features of the rule of Julius Caeser
    11·2 answers
  • In order to rule effectively, Chandragupta listened to which advice from the Arthashastra? Select all that apply. A. Trust the p
    10·1 answer
  • Can someone help me with this?
    14·1 answer
  • Were slaves consider citizens of the United states
    14·1 answer
  • Select the FOUR true statements about the third English expedition to the new world:
    13·1 answer
  • How did segregation work as an instrument of social control?
    12·1 answer
  • Please help !!! Who helped liberate Venezuela, Columbia, Panama, and Ecuador?
    6·1 answer
  • The French middle class and peasantry belonged to the ?
    9·1 answer
  • What is the name generally given to a judicial decision that is made to advance the
    13·1 answer
  • Someone help me get a high score please and thank you
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!