QUESTION IMAGE
Question
select the correct answer.
how did the north american free trade agreement (nafta) benefit the us economy?
a. nafta raised the prices of luxury goods.
b. nafta boosted exports of electronic goods.
c. nafta helped the united states join opec.
d. nafta introduced american restaurant chains in asia.
NAFTA eliminated trade barriers between the U.S., Canada, and Mexico, facilitating increased U.S. exports, including electronic goods. Option A is incorrect because free trade typically lowers prices, not raises them. Option C is wrong as OPEC is an oil cartel unrelated to NAFTA. Option D is incorrect because NAFTA focused on North America, not Asia. Thus, B is the correct benefit.
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B. NAFTA boosted exports of electronic goods.