The North American Free Trade Agreement (NAFTA) was created in order to lower tariffs between three trading pa?
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The North American Free Trade Agreement (NAFTA) was created in order to lower tariffs between three trading partners (the United States, Canada, and Mexico). Provide an explanation of ...show more
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Answer:
It allowed US companies to relocate manufacturing to Mexico with cheap labor and no tariffs to ship their products back to US consumers. US corporations like Car manufactures earned billions in profit by moving jobs to Mexico hurting the US economy. The same results occur in all free trade agreements and have contributed to the rise of China and the loss of US jobs.
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