QuestionMay 26, 2025

onal Nimisto and ement that ave signed a d the fight uding from ed to commit to nding their it with greed to Use Souree 3 to answer the question. Which statement most accurately describes trade between the US , Canada, and Mexico under NAFTA? A. The U.S. is the chief exporter of goods. B. Since NAFTA TheU.S.has imported more from Canada than it has exported to Canada. C. The U.S. has a trade deficit with Canada but not Mexico D. The enactment of NAFTA has created a distinct trade advantage for the U.S.

onal Nimisto and ement that ave signed a d the fight uding from ed to commit to nding their it with greed to Use Souree 3 to answer the question. Which statement most accurately describes trade between the US , Canada, and Mexico under NAFTA? A. The U.S. is the chief exporter of goods. B. Since NAFTA TheU.S.has imported more from Canada than it has exported to Canada. C. The U.S. has a trade deficit with Canada but not Mexico D. The enactment of NAFTA has created a distinct trade advantage for the U.S.
onal Nimisto and ement that ave signed a d the fight uding from ed to commit to nding their it with greed to Use Souree 3 to answer the question. Which statement most accurately describes trade between the US , Canada, and Mexico under NAFTA? A. The U.S. is the chief exporter of goods. B. Since NAFTA TheU.S.has imported more from Canada than it has exported to Canada. C. The U.S. has a trade deficit with Canada but not Mexico D. The enactment of NAFTA has created a distinct trade advantage for the U.S.

Solution
4.0(309 votes)

Answer

B. Since NAFTA, the U.S. has imported more from Canada than it has exported to Canada. Explanation 1. Analyze Trade Balance NAFTA led to increased trade between the U.S., Canada, and Mexico. The U.S. often imports more from Canada than it exports, indicating a trade deficit with Canada. 2. Evaluate Trade Deficit The U.S. has experienced a trade deficit with both Canada and Mexico at different times, but consistently with Canada. 3. Assess Trade Advantage NAFTA aimed to create balanced trade opportunities, not necessarily a distinct advantage for any single country.

Explanation

1. Analyze Trade Balance<br /> NAFTA led to increased trade between the U.S., Canada, and Mexico. The U.S. often imports more from Canada than it exports, indicating a trade deficit with Canada.<br /><br />2. Evaluate Trade Deficit<br /> The U.S. has experienced a trade deficit with both Canada and Mexico at different times, but consistently with Canada.<br /><br />3. Assess Trade Advantage<br /> NAFTA aimed to create balanced trade opportunities, not necessarily a distinct advantage for any single country.
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