Evaluate how NAFTA impacted the economic relationship among the U.S., Mexico, and Canada.(1 point)
Responses
NAFTA has made it much more difficult for the three countries to trade with one another, which has led to economic growth overall.
NAFTA changed the economic systems of the countries involved from one-party state economies to free-market economies.
NAFTA reshaped the economic relationship among the three countries and made them much more enmeshed and interdependent.
NAFTA made it easier for each country to enact economic policies that would benefit itself.
The correct response is: NAFTA reshaped the economic relationship among the three countries and made them much more enmeshed and interdependent.
NAFTA eliminated many trade barriers and tariffs between the U.S., Mexico, and Canada, making it easier for businesses in each country to trade with one another. This increased economic integration has led to increased trade and investment among the three countries, creating a more interdependent economic relationship. Additionally, the agreement has facilitated the growth of cross-border supply chains and production networks, further deepening the economic ties between the countries.