Asked by Isaac Rojas on Jun 15, 2024

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The North American Free Trade Act (NAFTA) :

A) went into effect during the 19th century
B) has only two participants-the United States and Canada
C) resulted in the establishment of maquiladoras along the US-Mexico border
D) removed all tariffs from non-technical products
E) has led to little change in the U.S. manufacturing sector

North American Free Trade Act (NAFTA)

An agreement that was implemented to remove tariff barriers between the U.S., Canada, and Mexico to encourage economic integration.

Maquiladoras

Factories located in Mexico that import materials and equipment on a duty-free and tariff-free basis for assembly or manufacturing and then re-export the finished product.

Tariffs

Taxes imposed by a government on imported or exported goods to regulate trade, increase revenue, or protect domestic industries.

  • Investigate the consequences of trade treaties (like NAFTA) and practices (such as maquiladoras) on participating nations and border zones.
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Verified Answer

SY
Serena YoungJun 21, 2024
Final Answer :
C
Explanation :
NAFTA resulted in the establishment of maquiladoras along the US-Mexico border, which are factories owned by foreign companies that import materials duty-free and export products back to their home countries.