According to the Textbook, One Likely Short-Term Effect of NAFTA

question 49

Multiple Choice

According to the textbook, one likely short-term effect of NAFTA will be that many U.S.and Canadian firms will move some production to Mexico to take advantage of

• A)cheaper transportation costs.
• B)lower interest rates.
• C)lower labour costs.
• D)a higher skilled labour force.
• E)the Mexican market

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Definitions:

Imperialists

Advocates for imperialism, which is the policy of extending a country's power and influence through colonization, use of military force, or other means.

Anti-Imperialists

Anti-Imperialists were individuals and groups who opposed imperialism, advocating for the respect of sovereignty and self-determination of all nations.

Philippines

A Southeast Asian country in the Western Pacific, comprising more than 7,000 islands, known for its rich biodiversity and cultural heritage.

Acquisition

Acquisition is the act of obtaining control of a company or significant amount of its shares or assets through purchase or other means.