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3 years ago

NAFTA can be defined as

2 answers:

8 0

NAFTA can be defined as the North America Free Trade Agreement that allows for the elimination of ‘import quotas’ and ‘tariffs’ between Canada, Mexico and the United States.

Further Explanation:

It is an agreement among U.S.A, Canada and Mexico that was designed to eliminate tariffs between these countries. It was implemented on 1st January, 1994, and supersedes the Canada and the U.S.A free trade agreement that came into effect on 1st January, 1989.

A tariff is a ‘federal tax’ on exports or imports. It required the removal of ‘tariffs’ on half of the United States’ goods ‘shipped to Mexico’ and the ‘regular phase’ out of ‘other tariffs’ among the U.S., Mexico and Canada over a 14 year of period.

Learn More:

1. As the result of a conflict between British troops and a colonial militia in Massachusetts,

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2. Though the outcomes of the Schenck and New York Times differed, what did these decisions have in common? The government has a heavy burden to prove harm. The government can limit speech that causes harm. The government has unlimited power to limit speech. The government must follow the first amendment.

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Answer Details:

Grade: High School

Chapter: NAFTA

Subject: Social Studies

Keywords:

trade agreement, quotas, tariffs, federal tax, supersedes, import, export, regular phase

masha68 [24]3 years ago

6 0

A trade bloc rule book signed by Canada, Mexico, and the United States

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