Practice Quiz

CLEP Business Law

Category - Legal Envrmt

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What is the agreement that was designed to eliminate barriers to trade and investment between the United States, Canada, and Mexico?
  1. American Free Trade Agreement
  2. North-South American Free Trade Agreement
  3. North American Free Trade Agreement
  4. US-Canadian-Mexican Trade Agreement
  5. None of the above
Explanation
Answer: C. The North American Free Trade Agreement is the agreement that was designed to eliminate barriers to trade and investment between the United States, Canada, and Mexico. It was implemented in 1994. It removes certain tariff barriers between the three countries.
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