Statement I: The European Union was formed as a trading counterweight to NAFTA.

Statement II: Since the formation of NAFTA, the United States has lost millions of jobs to Mexico. (LO7)

a) Statement I is true, and statement II is false.

b) Statement II is true, and statement I is false.

c) Both statements are true.

d) Both statements are false.

Workbook for Chapter 8 Name Date