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Scilla [17]
3 years ago
5

What have been positive effects of NAFTA on the US economy? Check all that apply.

History
2 answers:
fenix001 [56]3 years ago
4 0

The correct answers are A) an increase in the value of goods and services, and D) an increase of trade with neighbors.

<em>The positive effects of NAFTA on the U.S. economy are an increase in the value of goods and services and an increase of trade with neighbors.  </em>

When it was signed in January 1993, the North America Free Trade Agreement between Mexico, Canada, and the United States generated a free trade area for almost 450 million people, according to numbers given by the trade offices from the three countries. The trade has advantages for the U.S. such as the increased of U.S. exports to the other countries, the lower tariffs reduced import taxes and increased economic growth.


TEA [102]3 years ago
4 0

The correct answers on Edgen are:

(A.) an increase in the value of goods and services

(E.) an increase in trade with neighbors

I just answered the question and these are right.

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Explanation: it depends very much what period we are focused on. So the question is not so easy to answer. In the 16th, 17th and 18th century it was Spain that possessed the most colonies. With the decolonization of South America and Central America and with the territorial expansion of the USA during the 19th century situation changes. For the growth of the British cololonial system, 18th century (Seven Years´ War) was crucial...at that time Britain eliminated its rival, France, from its significant position. Then, the Britain maintained the first position. On the other extreme there are less significant colonial powers: the Dutch and especially Danes.

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