Answer :
NAFTA removed all types of tariff and trade barriers which made the internal and external business more easier. Economic growth, employment issues and environment related matters come under the concerns of participant countries who signed this agreement.
Explanation:
NAFTA is the full form of North American Free Trade Agreement. Some countries of North America, Mexico, Canada and United States signed this agreement and made a treaty of free trade and commerce in between the signed countries. No such tariff and taxes will be deputed to these countries.
Other related issues like employment, environment and economic growth was also emphasized in this agreement. Removal of tax and tariffs extends the way of employment which strengthens country's economic growth, their GDP and GNP.
Answer:
By signing a free trade agreement, a country may benefit by opening itself to more global trade. Countries may increase production when they have incentives to export their products. Agreements might help countries bring more varied and diverse products to their citizens. Finally, free trade agreements might help countries obtain cheaper imports, lowering prices on goods. On the other side, countries may experience job and industry losses as companies move to other countries. Countries may also grow more dependent on trading partners rather than producing goods for themselves.
Explanation:
The sample response