The major regions and industries that the agreement addresses NAFTA wold positively affect include the following:
<h3>What is NAFTA?</h3>
This is referred to as North American Free Trade Agreement and was implemented after an agreement in 1994 between the top three North American economic powers.
The countries which are listed above would be positively affected due to the increase in trading between them thereby resulting in more exports and revenue which can be used as a source for their budget thereby improving the economy.
There will also be an increase in human capital thereby providing different types of jobs for the people. This helps to reduce unemployment rate which produces a ripple effect on the economy .
This is therefore the reason why it was chosen as the most appropriate choice.
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Answer: Due to the protection of the domestic market.
Explanation:
One such tariff was enacted in 1816. This was the first tariff of such a character; customs duties were imposed on imported goods to protect domestic products from foreign competition. In this way, the government protected the domestic market. To protect national interests, customs were placed on industrial goods, especially on products of the military industry.
