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Growth in international trade 2. Growth in international trade Which of the following best describes how the North American Free Trade Agreement (NAFTA) increased international
Growth in international trade
2. Growth in international trade Which of the following best describes how the North American Free Trade Agreement (NAFTA) increased international trade? NAFTA incentivized trade between the United States and Mexcio, but only in the area of agricultural products. NAFTA removed trade barriers between Mexico and the United States, while also increasing access to labor markets in Mexico. NAFTA removed trade barriers between North America and Eastern Europe, leading to increased trade between the two regions after World War II. NAFTA increased international trade between Mexico and Japan, as well as between the United States and Japan but did not incentivize trade between the United States and Mexico. Outsourcing business functions to other countries international tradeStep by Step Solution
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