Question

Which of the following is true with regard to the NAFTA?

a) NAFTA was an expansion of the United StatesJapan Free Trade Agreement that had been in effect since 1981.

b) NAFTA excluded transition provisions and favored a rapid phaseout of trade barriers.

c) NAFTA was an expansion of the United States-Canada Free Trade Agreement that had been in effect since 1988.

d) NAFTA did not provide for the elimination of tariff and nontariff barriers.

Answer

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