NAFTA Includes an Agreement That Allows Trucks from Neighboring Countries

question 30

Essay

NAFTA includes an agreement that allows trucks from neighboring countries access to highways on both sides of the border. Why did it take 17 years for the agreement to be implemented between the United States and Mexico? And what actions did Mexico take to facilitate the agreement's implementation?

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Definitions:

Tariffs

Taxes imposed on imported goods, often used to protect domestic industries from foreign competition or to generate revenue.

Imported Bananas

Refers to bananas that are grown outside of the market country and then brought in through the importation process.

Higher Prices

Prices that are elevated compared to a baseline or average level, often due to factors like increased demand, higher production costs, or premium quality.

Quotas

Predetermined targets set for sales, production, or other activities that individuals or organizations aim to achieve within a specific time frame.