Use the information below to answer the following questions.
Fact 31.3.1
Before 1995, trade between Canada and Mexico was subject to tariffs. In 1995, Mexico joined NAFTA and all Canadian and Mexican tariffs have gradually been removed.
-Refer to Fact 31.3.1. When Canadian tariffs are removed from a good, Canadian consumers of the good ________ and Canadian producers of the good ________.
A)gain; lose
B)gain; gain
C)lose; gain
D)lose; lose
E)and the Canadian government gain; lose

Question

Quizplus · Accepted Answer

When Canadian tariffs are removed, consumers benefit from lower prices and increased availability of goods, while domestic producers may face increased competition and potential losses.

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