b. officials carry out national policies and laws
c. officials make sure the constitution is obeyed
d. officials vote on laws and presidential appointments
NAFTA can be defined as the North America Free Trade Agreement that allows for the elimination of ‘import quotas’ and ‘tariffs’ between Canada, Mexico and the United States.
Further Explanation:
It is an agreement among U.S.A, Canada and Mexico that was designed to eliminate tariffs between these countries. It was implemented on 1st January, 1994, and supersedes the Canada and the U.S.A free trade agreement that came into effect on 1st January, 1989.
A tariff is a ‘federal tax’ on exports or imports. It required the removal of ‘tariffs’ on half of the United States’ goods ‘shipped to Mexico’ and the ‘regular phase’ out of ‘other tariffs’ among the U.S., Mexico and Canada over a 14 year of period.
Learn More:
1. As the result of a conflict between British troops and a colonial militia in Massachusetts,
2. Though the outcomes of the Schenck and New York Times differed, what did these decisions have in common? The government has a heavy burden to prove harm. The government can limit speech that causes harm. The government has unlimited power to limit speech. The government must follow the first amendment.
Answer Details:
Grade: High School
Chapter: NAFTA
Subject: Social Studies
Keywords:
trade agreement, quotas, tariffs, federal tax, supersedes, import, export, regular phase
NAFTA, the North American Free Trade Agreement, is a regional trade agreement signed in 1994 between the United States, Canada, and Mexico.
It aimed to eliminate barriers to trade and promote economic integration among the three countries. NAFTA established a comprehensive framework for the reduction and elimination of tariffs, the protection of intellectual property rights, and the facilitation of cross-border investment.
The agreement created a vast free trade area, fostering increased trade flows, job creation, and economic growth. While it faced criticism for its impact on certain industries and labor markets, NAFTA played a significant role in shaping North American trade and laying the foundation for future trade agreements.
Learn more about NAFTA here
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