Asked by Naina Sehgal on Sep 27, 2024
NAFTA is a free trade agreement between Canada, Mexico, and the U.S. that allows both free capital and labor mobility.
Free Capital Mobility
The unrestricted movement of financial capital and investment across borders, allowing for the global allocation of resources and investments.
Labor Mobility
The ease with which workers can move between jobs or geographic areas to pursue employment opportunities.
- Acquire knowledge of the constituents and ramifications of important trade agreements, like NAFTA.
Learning Objectives
- Acquire knowledge of the constituents and ramifications of important trade agreements, like NAFTA.
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