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In the following table, indicate whether each stakeholder gains, loses, or neither gains nor loses as a result of NAFTA. Stakeholder Gains Loses Neither Gains

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In the following table, indicate whether each stakeholder gains, loses, or neither gains nor loses as a result of NAFTA. Stakeholder Gains Loses Neither Gains nor Loses Mexican producers (9 O 0 Consumers in the United States 0 Chinese producers O 0 U.S. government O 0 Points: _ 0.75/1 Explanation: Close Explanation A Consumers in the United States gain from the lower price of keyboards. The U.S. government loses its tariff revenue from importing keyboards from China (30% X $11.00 per keyboard : $3.30 per keyboard). Mexico gains from being able to export keyboards to the United States. China loses because its producer surplus decreases as a result of the lost export sales. This is an example of trade diversion J resulting from a regional agreement

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