Economics Semester Exam

29 of 3129 of 31 Items

Question
Which of the following resulted from the recent renegotiation of NAFTA?(1 point)
Responses

Government contracts were offered to all members.
Government contracts were offered to all members.

A uniform currency was established for all member nations.
A uniform currency was established for all member nations.

The economic gap decreased between member nations.
The economic gap decreased between member nations.

Agricultural trade was improved across all member nations.

1 answer

The most accurate response regarding the results of the recent renegotiation of NAFTA (now known as the USMCA - United States-Mexico-Canada Agreement) is:

Agricultural trade was improved across all member nations.

The USMCA included provisions that updated and improved agricultural trade among the member countries, addressing tariffs and market access issues.

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