Identify and State the Historical Significance of the Following

question 89

Short Answer

Identify and state the historical significance of the following:
-William Penn

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Definitions:

U.S. Trade

The exchange of goods and services between the United States and other countries, including imports and exports.

Latin American Countries

Nations located in the Americas where Romance languages, primarily Spanish and Portuguese, are spoken.

North American Free Trade Agreement (NAFTA)

A treaty between the United States, Canada, and Mexico that eliminated most tariffs and trade barriers between the countries, effective from 1994 until replaced by the USMCA in 2020.

Trade Restrictions

Regulations or policies that governments impose to control the amount and types of goods and services that can be imported or exported, affecting international trade.