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Black_prince [1.1K]
2 years ago
14

IMPORTANT PLEASE Which of the following explains how trade between the Mexico, Canada and the US (all in North America) is affec

ted by their geographic location? (3 points) High taxes make it expensive for these countries to trade with each other. It costs much less to transport goods because the countries border each other. Moving products is difficult since few rivers flow from the U.S. to other countries. Trade is not desired since they are close together and have the same natural resources.
Social Studies
1 answer:
insens350 [35]2 years ago
6 0

Answer: The North American Free Trade Agreement (NAFTA) was implemented to promote trade between the U.S., Canada, and Mexico. The agreement, which eliminated most tariffs on trade between the three countries, went into effect on Jan. 1, 1994.

Explanation: Is This wut u were looking for?

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The theory of comparative advantage is credited to :_______
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<h3>What is Ricardo's theory of comparative advantage?</h3>

In economics, a comparative advantage occurs when a country can produce a good or service at a lower opportunity cost than another country.

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Comparative advantage is a key principle in international trade and forms the basis of why free trade is beneficial to countries.

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