Question

Which of the following is a provision of​ NAFTA?

A.

Common accounting rules

B.

Adding new countries to the European Union

C.

Adoption of the dollar as a common currency

D.

Elimination of tariffs on goods originating within North America

E.

Membership in the World Trade Organization

Criteria that determine whether a good meets NAFTA rules of origin include which one of the​ following?

A.

Goods wholly produced or obtained in the NAFTA region

B.

Goods containing​ non-originating inputs but carry a certificate of origin from an EU country

C.

Goods produced in the NAFTA region from natural materials from the western hemisphere

D.

Goods using materials sourced in China

E.

Unassembled goods containing​ sub-assemblies from​ Nicaragua, Panama, or Honduras

Which of the following is an effect of​ NAFTA?

A.

Trade among​ Canada, the United​ States, and the European Union has increased.

B.

NAFTA has created jobs in the United States.

C.

The United States has developed a trade deficit with Great Britain and Germany.

D.

The United States exports more to Mexico.

E.

​Mexico's exports to the United States have declined.

Answer 1

1. The answer is " B. Adding new countries to the European Union "

2. The answer is " D. Goods using materials sourced in China "

3. The answer is " B. NAFTA has created jobs in the United States "