GK
WORLD ORGANISATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which agreement ensures free trade between the United States, Mexico, and Canada?
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World Trade Organization
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Central American Free Trade Agreement
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House Bill 2
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North American Free Trade Agreement
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Explanation:
Detailed explanation-1: -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.
Detailed explanation-2: -The goal of NAFTA is to eliminate all tariff and non-tariff barriers of trade and investment between the United States, Canada and Mexico.
Detailed explanation-3: -U.S.-Canada Free Trade Agreement (FTA) The U.S.-Canada Free Trade Agreement was signed by President Ronald Reagan and Prime Minister Brian Mulroney on January 2, 1988, with the goal of eliminating all tariffs on trade between the two countries.
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