What was the effect of NAFTA on the United States, Canada, and Mexico?

(1 paint)
• It increased trade for all three countries.
• It decreased trade for all three countries.
O It benefited the United States more than the other two countries.
It created increased competition for production of goods between the three countries.

1 answer

The most accurate statement regarding the effect of NAFTA (North American Free Trade Agreement) on the United States, Canada, and Mexico is:

  • It increased trade for all three countries.

NAFTA, which was implemented in 1994, aimed to eliminate trade barriers between the three countries, leading to increased trade volume among them. While it did create competition in some sectors, the primary effect observed was a significant rise in trade activities and economic interdependence among the U.S., Canada, and Mexico.