Asked by Elizabeth Hubbard on May 09, 2024

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Verified

"NAFTA" stands for

A) North African Free Trade Area.
B) North American Free Trade Agreement.
C) North Asian Free Trade Agreement.
D) New Zealand-Australia Free Trade Agreement.

NAFTA

The North American Free Trade Agreement, a treaty between the United States, Canada, and Mexico that eliminated most tariffs on trade between them.

  • Understand the function and impact of global accords like NAFTA on commerce and economic relationships.
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Verified Answer

SW
Shelley WinterMay 14, 2024
Final Answer :
B
Explanation :
NAFTA stands for North American Free Trade Agreement, which involves the United States, Canada, and Mexico.