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Which of the Following Statements Is TRUE of NAFTA

Question 43

Multiple Choice

Which of the following statements is TRUE of NAFTA?


A) It introduced a common currency for trade between the U.S., Mexico, and Canada.
B) It overrode the local content requirements and rules of origin for products manufactured in the member nations.
C) It eliminated all tariffs and nontariff trade barriers on goods originating from within North America.
D) It called for stringent rules regarding government procurement practices and the imposition of countervailing duties.

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