54. This is an excerpt from an agreement signed by Canada, Mexico, and the United States in 1994. The objectives of this agreement.are to: 1) Eliminate barriers to trade in, and facilitate the cross-border movement of, goods and services between the territories of the parties; 2) Promote conditions of fair competition in the free trade area; 3) Increase substantially investment opportunities in the territories of the parties.. Why did many Americans object to this agreement? A They believed it would lead to higher tariffs on imported goods. B They believed it would cause American jobs to be moved to other countries. C They believed it would result in higher wage costs for American companies. D They believed it would reduce trade with nations in other parts of the world.
54. This is an excerpt from an agreement signed by Canada, Mexico, and the United States in 1994. The objectives of this agreement.are to: 1) Eliminate barriers to trade in, and facilitate the cross-border movement of, goods and services between the territories of the parties; 2) Promote conditions of fair competition in the free trade area; 3) Increase substantially investment opportunities in the territories of the parties.. Why did many Americans object to this agreement? A They believed it would lead to higher tariffs on imported goods. B They believed it would cause American jobs to be moved to other countries. C They believed it would result in higher wage costs for American companies. D They believed it would reduce trade with nations in other parts of the world.
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Transcribed Image Text:54. This is an excerpt from an agreement signed by Canada, Mexico, and the United States
in 1994.
The objectives of this agreement..are to:
1) Eliminate barriers to trade in, and facilitate the cross-border movement of,
goods and services between the territories of the parties;
2) Promote conditions of fair competition in the free trade area;
3) Increase substantially investment opportunities in the territories of the
parties...
Why did many Americans object to this agreement?
A They believed it would lead to higher tariffs on imported goods.
B They believed it would cause American jobs to be moved to other countries.
C They believed it would result in higher wage costs for American companies.
D They believed it would reduce trade with nations in other parts of the world.
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