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How did NAFTA affect trade between the United States and Mexico quizlet?

NAFTA increased farm exports because it eliminated high Mexican tariffs. NAFTA boosted trade by eliminating all tariffs between the three countries. It also created agreements on international rights for business investors.

How did NAFTA impact the United States?

Some critics argue that NAFTA is to blame for job losses and wage stagnation in the U.S., because competition from Mexican firms has forced many U.S. firms to relocate to Mexico. Between 1993 and 2014, the U.S.-Mexico trade balance swung from a $1.7 billion U.S. surplus to a $54 billion deficit.

What effect did the NAFTA have on the United States quizlet?

Increased trade, Boosted U.S. farm exports, Created trade surplus in services, reduced oil and grocery prices, and it Stepped up foreign direct investment.

How did NAFTA change the trade rules between the United States Canada and Mexico quizlet?

NAFTA created a free trade zone for many goods and services exchanged between Canada, the U.S, and Mexico. Also gave Canada and US firms more access to Mexican markets. You just studied 14 terms!