Which of the following statements concerning the North American Free Trade Agreement (NAFTA)is not true?
A)The agreement extends most of the provisions of the Free Trade Agreement (FTA) to include Mexico.
B)The agreement is important because Canada's trade with Mexico is a significant part of Canadian trade.
C)The agreement is an example of a trilateral trade accord.
D)Side agreements allow for penalties against a member country that is not enforcing labour or environmental laws.
E)In future, the agreement may become the base for a wider free trade area that covers all of the Americas.

Question

Quizplus · Accepted Answer

While NAFTA does include Canada and Mexico, the statement that Canada's trade with Mexico is a significant part of Canadian trade is not necessarily true. The importance of this trade relationship may vary depending on factors such as industry and geography.

Which of the Following Statements Concerning the North American Free