Question

What would happens if Trump dumps NAFTA? Explain what is NAFTA.

What would happens if Trump dumps NAFTA? Explain what is NAFTA.

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Answer #1

North American Free Trade Agreement is a free trade agreement signed among United States, Mexico and Canada eliminating most tariffs on trade between these nations. Thus, the agreement promotes free trade among nations. If Trump dumps NAFTA , it will affect overall trade among these nations as trade will fall by a huge amount. The three economies are hugely dependent on each other for most of the goods and services and there is high scale import and export among nations. Thus, if Trump dumps NAFTA it will lower the trade among the nations by a huge amount.

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