Question

the purpose of the north american free trade agreement is to reduce _______ between nations. 12. which of the following best completes the statement above? a. trade and commerce b. investment and capital c. tariffs and quotas d. unemployment and interest rates

Explanation:

The North American Free Trade Agreement (NAFTA, now USMCA) was designed to eliminate trade barriers between the U.S., Canada, and Mexico. Tariffs (taxes on imported goods) and quotas (limits on imported goods) are key trade barriers that such free trade agreements aim to reduce or remove. The other options do not align with the core purpose of a free trade agreement.

Answer:

c. tariffs and quotas