FSOT Pro

Category - Economics

NAFTA created a trade bloc that consists of which nations?
  1. United States, Canada, United Kingdom, Germany, France and Switzerland
  2. United States and the entire European Union
  3. United States, United Kingdom and the former Soviet Union
  4. United States, Canada and Mexico
Explanation
Answer: D - The North American Free Trade Agreement (NAFTA) created a trade bloc consisting of the United States, Canada and Mexico. Trade blocs are intergovernmental agreements, typically between neighboring nations. NAFTA is the largest trade bloc in the world. The United States' interest in the agreement was shepherded by President George H.W. Bush, but he lost his bid for re-election before he could sign it into law. President Bill Clinton ultimately signed the agreement almost a year after taking office.
Was this helpful? Upvote!
Login to contribute your own answer or details

Top questions

Related questions

Most popular on PracticeQuiz