Which of the following is a consequence of NAFTA?
A)Hundreds of thousands of American jobs were lost.
B)U.S.manufacturers who had their manufacturing plants in Mexico moved them back to the United States.
C)Prices of many products manufactured in Canada fell significantly.
D)Mexican companies lost market share to European manufacturers.

Question

Quizplus · Accepted Answer

NAFTA, the North American Free Trade Agreement, led to the loss of hundreds of thousands of American jobs due to companies moving their manufacturing to Mexico where labor was cheaper, rather than leading to a significant return of manufacturers to the U.S. or the specific outcomes listed in options C and D.

Which of the Following Is a Consequence of NAFTA