Question

What is NAFTA? What is the purpose of it? What effect has NAFTA had on trade?





(Pls type three or more sentences pls)

Answer 1

Answer:

The North American Free Trade Agreement (NATFA) was the door through which American workers were shoved into the neoliberal global labor market. Second, NAFTA strengthened the ability of U.S. employers to force workers to accept lower wages and benefits.

The agreement, which eliminated most tariffs on trade between the three countries, went into effect on January 1, 1994.

NAFTA boosted trade by eliminating all tariffs between the three countries. It also created agreements on international rights for business investors. That reduced the cost of commerce. It spurs investment and growth, especially for small businesses.