Agreements Like NAFTA and CAFTA

question 41

Multiple Choice

Agreements like NAFTA and CAFTA:

• A)Not only reduce barriers to trade but also require additional domestic legal and business reforms in developing nations to protect property rights
• B)Do not include supplemental commitments on labor and the environment to encourage countries to upgrade their working conditions and environmental protections like the FTAA
• C)Rely exclusively on MNCs exporting or setting up operations locally rather than buying out a domestic firm
• D)Provide firms with enough security so they cannot go out of business, which simply encourages a lack of efficiency or incentive to monitor costs

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