Asked by Tyasia Dennis on May 04, 2024
Verified
NAFTA has had a negative impact on U.S. farmers because of the restrictions it imposes on exports, which has made trade between countries more difficult for the farmers.
NAFTA
The North American Free Trade Agreement, a trilateral trade bloc in North America created by Canada, Mexico, and the United States to reduce trading costs, increase business investment, and help North America be more competitive in the global marketplace.
U.S. Farmers
Individuals or entities in the United States engaged in agricultural activities, including the cultivation of crops and raising of livestock.
Restrictions
Limitations or constraints placed on actions, activities, or movements.
- Comprehend the consequences of going global on marketing strategies.
Verified Answer
BR
Brianna roblesMay 10, 2024
Final Answer :
False
Explanation :
NAFTA, or the North American Free Trade Agreement, actually removed many trade barriers and tariffs, making it easier for U.S. farmers to export their products to Mexico and Canada, potentially increasing their market and sales.
Learning Objectives
- Comprehend the consequences of going global on marketing strategies.