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Canada, the United States, and Mexico are affiliated economically under which trade alliance?

A) ASEAN
B) Mercosur
C) EU
D) NAFTA
E) CAFTA

1 Answer

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Final answer:

Canada, the United States, and Mexico are economically affiliated under the North American Free Trade Agreement (NAFTA), established to remove trade barriers and enable the free flow of goods.

Step-by-step explanation:

The economic trade alliance that includes Canada, the United States, and Mexico is known as the North American Free Trade Agreement (NAFTA). NAFTA was established to eliminate trade barriers, such as tariffs, between the three nations, facilitating the free flow of goods. This agreement aimed to create a competitive trading bloc and it impacted the industrial activity and migration patterns, especially in Mexico. While NAFTA faced resistance, particularly from U.S. industrial workers concerned about job losses, it was ratified and took effect in 1994, representing a significant economic union in North America.

The trade alliance in which Canada, the United States, and Mexico are affiliated economically is the North American Free Trade Agreement (NAFTA). NAFTA is a trade agreement that eliminates trade barriers, such as tariffs, between each nation. It was signed in 1992 and went into effect in 1994, creating the world's largest trading bloc.

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