Scenario 1.1 Canada Proud Is a Small Food Processing Company Located in Located

Multiple Choice

Scenario 1.1
Canada Proud is a small food processing company located in northern British Columbia. Recently, it has faced pressures from competitors who have been able to produce similar products more cheaply. The owners of Canada Proud are looking into the possibility of starting a branch of the company in Mexico. Trade agreements among countries around the globe help companies like Canada Proud in becoming globally competitive. However, the company is aware that there may be opposition to such a move, especially if it affects the future viability of its current operations.
-Refer to Scenario 1.1. Which trade agreement would be applicable in Canada Proud's case?

A) General Agreement on Tariffs and Trade (GATT)
B) North American Free Trade Agreement (NAFTA)
C) North American Economic Cooperation (NAEC)
D) Canada-Mexico Free Trade Agreement (CMFTA)