Final answer:
The anticipated impacts of NAFTA included increased trade among the U.S., Canada, and Mexico, and job losses in certain U.S. industries due to relocation and competitive pressures. The correct options are A,B.
Step-by-step explanation:
Based on Document A, the two anticipated impacts of the North American Free Trade Agreement (NAFTA) include A) increased trade between the U.S., Canada, and Mexico and B) job losses in certain U.S. industries.
The agreement, which reduced tariffs, import quotas, and nontariff barriers, was expected to spur trade by making it easier and cheaper for the three countries to exchange goods.
However, alongside the benefits of increased trade, there were also concerns about potential negative effects on employment. H. Ross Perot famously warned of a "giant sucking sound" as jobs would move to Mexico due to lower wages.
Ultimately, while NAFTA did lead to job growth in the U.S. for several years, by 2010 studies indicated that there were 682,900 U.S. jobs lost, contrasting with early expectations. The correct options are A,B.