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Terms in this set (6)

One purpose of the WTO is to develop trade agreements and enforce international trade laws.

True

The North American Free Trade Agreement (NAFTA

reduced trade barriers among the US, Canada, and Mexico

One result of NAFTA is a decline in trade between the nations of North America.

False

Globalization is the term used to describe the emergence of a fragmented and divisive isolationist world view.

False

A multinational is a company that exists in more than one nation.

True

One goal of OPEC is to shut down the oil trade in the Middle East.

False

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What was the main purpose of the North American Free Trade Agreement NAFTA )?

The agreement came into force on January 1, 1994. The goal of NAFTA is to eliminate all tariff and non-tariff barriers of trade and investment between the United States, Canada and Mexico.

What was the main purpose of the North American Free Trade Agreement NAFTA )? Brainly?

The objective of NAFTA was to promote the economic activity of the three largest economic powers in North America.

What did the North American Free Trade Agreement or NAFTA accomplish quizlet?

What did the North American Free Trade Agreement, or NAFTA, accomplish? It eliminated trade barriers between the United States, Canada, and Mexico.

What was the purpose of the North American Free Trade Agreement in 1993 quizlet?

The goal of NAFTA was to eliminate barriers to trade and investment between the U.S., Canada and Mexico.