Labor is relatively abundant in Mexico compared with labor in the United States. The opposite is true about arable land, which is more abundant in the United States than in Mexico. Which of the following statements are correct regarding who wins and who loses in Mexico and in the United States as a result of the North American Free Trade Agreement (NAFTA), which liberalized trade between the United States, Canada, and Mexico?

For correct answer(s), click the option once to place a check mark. For incorrect answer(s), click the option twice to empty the box.

Laborers in Mexico will gain.

Laborers in the U.S. will gain.

Landowners in Mexico will gain.

Landowners in the U.S. will gain.

Both landowners and laborers will gain in Mexico, but lose in the U.S.

Laborers in both Mexico and the U.S. will gain, but landowners in both nations will lose.