TRUE. nafta multiple choice has increased the standard of living in the north african member nations. benefits workers in the participating nations but hurts consumers by raising prices.
Because it allowed for a flood of trade across North America, NAFTA was a tremendously contentious trade pact. After the European Union, it comprises the second-largest free-trade region in the world. NAFTA has drawn criticism primarily because lowering trade barriers will result in the displacement of some jobs.
The North American Free Trade Agreement (NAFTA) was implemented in 1994 with the goal of fostering trade between the US, Mexico, and Canada. NAFTA created a significant free-trade area by reducing or eliminating import and export barriers among the three member countries.
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