D. NAFTA reshaped the economic relationship among the three countries and made them much more enmeshed and interdependent.
NAFTA eliminated most tariffs and trade barriers between the U.S., Mexico, and Canada, leading to increased trade and investment among the three countries. This increased economic integration has made the three countries more interdependent, with supply chains crossing borders and businesses operating across multiple countries. Additionally, NAFTA has encouraged specialization in production, with each country focusing on their comparative advantages, leading to increased efficiency and economic growth. Overall, NAFTA has significantly impacted the economic relationship among the U.S., Mexico, and Canada, making them more interconnected than ever before.
Evaluate how NAFTA impacted the economic relationship among the U.S., Mexico, and Canada.(1 point)
Responses
A. NAFTA has made it much more difficult for the three countries to trade with one another, which has led to economic growth overall.
B. NAFTA made it easier for each country to enact economic policies that would benefit itself.
C. NAFTA changed the economic systems of the countries involved from one-party state economies to free-market economies.
D. NAFTA reshaped the economic relationship among the three countries and made them much more enmeshed and interdependent.
1 answer