GK
WORLD ORGANISATIONS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
North American Free Trade Agreement (NAFTA) promotes the movement of goods between participating countries without restrictive:
|
|
A imports or exports.
|
|
|
B imports and trade.
|
|
|
C tariffs or quotas.
|
|
|
D domestic and offshore.
|
Explanation:
Detailed explanation-1: -NAFTA is a comprehensive trade agreement that improves virtually all aspects of doing business within North America. NAFTA will eliminate tariffs completely, and removes many of the non-tariff barriers, such as import licenses, that have helped to exclude U.S. goods from the other two markets, especially Mexico.
Detailed explanation-2: -Tariff elimination for qualifying goods. Establishment of standards. Elimination of non-tariff barriers. Supplemental agreements. Protection of intellectual property rights. Trade dispute resolution. 09-Jan-2023
There is 1 question to complete.