Question

What have been positive effects of NAFTA on the US economy? Check all that apply.

an increase in the value of goods and services

an increase in income inequality

an increase in import taxes an increase in employment

an increase in trade with neighbors

Answer 1

The correct answers on Edgen are:

(A.) an increase in the value of goods and services

(E.) an increase in trade with neighbors

I just answered the question and these are right.

Answer 2

The correct answers are A) an increase in the value of goods and services, and D) an increase of trade with neighbors.

The positive effects of NAFTA on the U.S. economy are an increase in the value of goods and services and an increase of trade with neighbors.

When it was signed in January 1993, the North America Free Trade Agreement between Mexico, Canada, and the United States generated a free trade area for almost 450 million people, according to numbers given by the trade offices from the three countries. The trade has advantages for the U.S. such as the increased of U.S. exports to the other countries, the lower tariffs reduced import taxes and increased economic growth.