NAFTA

What is the purpose of NAFTA?

• To establish a military alliance between North American countries

• To promote free trade between the United States, Canada, and Mexico

• To create a single currency for North America

• To regulate environmental policies in North America

NAFTA entered into force on which date?

• January 1, 1994

• July 1, 2020

• March 1, 1983

• December 31, 1942

Who signed NAFTA into law?

• George H. W. Bush

• Bill Clinton

• Ronald Reagan

• George W. Bush

Which countries are covered by NAFTA?

• United States, Canada, Mexico

• United States, Canada, Brazil

• United States, Mexico, Argentina

• Canada, Mexico, Brazil

What was the trade value increase between 1993 and 2009 due to NAFTA?

• $100 billion

• $200 billion

• $300 billion

• $400 billion

Why Was NAFTA Formed?

• To promote free trade between the United States, Canada, and Mexico

• To establish a military alliance in North America

• To create a single currency for North America

• To restrict trade between North American countries

Has NAFTA fulfilled its purpose?

• Yes, it has fully achieved its goals.

• No, it has not met its objectives.

• Partially, it has achieved some goals.

• It is too early to determine.

What are the advantages of NAFTA?

• Increased trade between member countries

• Decreased trade barriers with non-member countries

• Higher tariffs on imported goods

• Reduced economic cooperation

What is NAFTA?

• A trade agreement between the United States, Canada, and Mexico.

• A military alliance in North America.

• A cultural exchange program in North America.

• A financial institution in North America.

Why was NAFTA formed?

• To increase trade and economic integration between the United States, Canada, and Mexico.

• To establish a military alliance between North American countries.

• To create a single currency for North America.

• To promote cultural exchange programs among member countries.