The North American Free Trade Agreement

A) is an example of the unilateral approach to free trade.
B) eliminated tariffs on imports to North America from the rest of the world.
C) reduced trade restrictions among Canada, Mexico, and the United States.
D) eliminated quotas between North America and China.

Unilateral Approach

A strategy or action taken by a single nation or entity independently, without coordination with others.

Free Trade

Free Trade is a policy where governments do not discriminate against imports or interfere with exports, allowing goods to move freely between countries.

North American Free Trade Agreement

A trade agreement between Canada, Mexico, and the United States designed to reduce trading costs, increase business investment, and help North America be more competitive in the global marketplace.