GK
WORLD GEOGRAPHY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Agreements such as the North American Free Trade Agreement (NAFTA) and associations such as the European Union (EU) reflects a movement toward-
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National policies of protectionism
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Free trade zones
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A rebirth of command economies
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A reliance on social welfare policies
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Explanation:
Detailed explanation-1: -North American Free Trade Agreement (NAFTA), controversial trade pact signed in 1992 that gradually eliminated most tariffs and other trade barriers on products and services passing between the United States, Canada, and Mexico.
Detailed explanation-2: -The United States-Mexico-Canada Agreement (USMCA) entered into force on July 1, 2020. The USMCA, which substituted the North America Free Trade Agreement (NAFTA) is a mutually beneficial win for North American workers, farmers, ranchers, and businesses.
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