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Social Studies. Giving brainliest! Part 6!

What does NAFTA do for the US, Canada, and Mexico? What does it not do?


Sagot :

NAFTA went into effect in 1994 to boost trade, eliminate barriers, and reduce tariffs on imports and exports between Canada, the United States, and Mexico. According to the Trump administration, NAFTA has led to trade deficits, factory closures, and job losses for the U.S.

Explanation:

Answer:

NAFTA reduced or eliminated tariffs on imports and exports between the three participating countries, creating a vast free-trade zone.  It does not eliminate regulatory requirements on companies wishing to trade internationally.