Question

How did the North American Free Trade Agreement (NAFTA) benefit the US economy?

A. NAFTA raised the prices of luxury goods.
B. NAFTA boosted exports of electronic goods.
C. NAFTA helped the United States join OPEC.
D. NAFTA introduces American restaurant chains in Asia.

Answer 1

Answer: B. NAFTA boosted exports of electronic goods.

Step-by-step explanation:

Because NAFTA boosted trade by eliminating all tariffs between the three countries. It also created agreements on international rights for business investors. That reduced the cost of commerce. It spurs investment and growth, especially for small businesses. It has allowed for the creation of a highly competitive regional manufacturing platform, U.S. consumers access to low-cost, high quality products-which frees up some of their income to buy other goods and services.