Which of the Following Resulted from NAFTA

question 92

Multiple Choice

Which of the following resulted from NAFTA?

• A) Companies from other countries, such as Japan, have made fewer business investments in North America.
• B) U.S. exports to Mexico have decreased.
• C) Mexican imports to the United States have increased.
• D) More jobs have been created than what was originally predicted.
• E) More U.S. jobs were eliminated than what was originally predicted.

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Definitions:

Market Equilibrium

A condition or state in an economy where supply and demand are equal, leading to stable prices and quantities.

Units Bought

The quantity of a product that consumers purchase at a given price.

Tax Imposed

A financial charge or other levy instituted by a government on an individual or an entity to raise revenue for public purposes.

Deadweight Loss

An economic efficiency loss that occurs when market equilibrium is not achieved or when externalities are present, leading to a loss of total welfare.