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Which of the following is true with regard to nafta?

A. Today Mexico, Canada, Argentina, Brazil, and the United States are party to this agreement.
B. NAFTA has increased trade between Canada, Mexico, and the United States.
C. It is largely seen to be the reason behind reduced labor productivity in Mexico.
D. The Galápagos Declaration effectively launched the NAFTA and the provisions of contents of the NAFTA.
E. On average, studies indicate that NAFTAâs overall impact has been extremely large, but negative.

Respuesta :

Answer: The correct answer is choice b.

Explanation: NAFTA is the trade agreement between Mexico, United States and Canada with the purpose to expand trade between the three countries. Its secondary purpose was to make these countries more competitive in the global marketplace. The agreement has been successful in achieving both goals and NAFTA is now the largest free trade agreement in the world.

The statement true regarding NAFTA is that it has increased trade between Canada, Mexico, and the United States.

What is NAFTA?

NAFTA was introduced for the purpose of creating a trilateral trade bloc in the region of North America. It aims for removing tariff barriers and increases investment between member partner.

Therefore, the major nations involved were Canada, Mexico, and the US to boost their trading relationship.

Learn more about NAFTA here:

https://brainly.com/question/12497779

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