What was the main purpose of both NAFTA (the North American Free Trade Agreement) and the USMCA (United States-Mexico Canada Agreement) that replaced it?
to settle border disputes among the three countries
to pledge to defend each other
to remove trade barriers among the three countries
to ease border crossings between the countries
1 answer
The main purpose of both NAFTA and the USMCA (which replaced NAFTA) was to remove trade barriers among the three countries involved (the United States, Mexico, and Canada). These agreements aimed to promote free trade, eliminate tariffs, and create a more open and integrated market among the three nations. The goal was to increase economic cooperation, facilitate the movement of goods and services, and encourage investment and job growth in the region. The agreements also aimed to modernize and update certain aspects of the original NAFTA to address new challenges and provisions.