Use the North American Free Trade Agreement (NAFTA) to illustrate how free trade can both help and hurt a nation's economy

What will be an ideal response?


Answer: An ideal response will:
1. Define NAFTA as a free trade agreement among the United States, Canada, and Mexico.
2. Discuss how NAFTA has made it cheaper for U.S. companies to operate, saving consumers money in the long run.
3. Explain how NAFTA has resulted in the loss of U.S. jobs to Mexico, where labor and manufacturing costs are cheaper.

Political Science

You might also like to view...

Response-inferred organismic variables

A) are constructs. B) are directly observed. C) cannot be measured. D) occur only at the experimental level.

Political Science

In a parliamentary system, power is concentrated in the

A) head of state. B) voting public. C) legislature. D) ?prime minister. E) courts.

Political Science

The lieutenant governor influences conference committees by directly appointing its members

Indicate whether the statement is true or false.

Political Science

Describe the Treaty of Versailles. Why do many scholars believe it failed in its goal of achieving peace? How did the Treaty of Versailles lead to conflict and, eventually, to World War II? What lessons can be learned from the failure of this treaty about setting foreign policy in post-war periods?

What will be an ideal response?

Political Science