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QUESTION 17 A regional trade agreement formed between the US, Canada, and Mexico is ca. CAFTA b. NAFTA CC. EUFTA Cd. SAFTA QU
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Answer #1

17. The correct answer is'Option B'.

A regional trade agreement formed between the U.S., Canada and Mexico is known as NAFTA. NAFTA stands for North American Free Trade Agreement. It was established on 1st January 1994. Under this agreement, there will be no barriers to trade between these three countries which will help to export and import the goods easily. This is done in order to achieve higher economic growth.

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