Final answer:
NAFTA reduced or eliminated tariffs in manufacturing, maquiladoras, and trade, benefiting all countries involved.
Explanation:
NAFTA (the North American Free Trade Agreement) reduced or eliminated tariffs in three main areas:
- Manufacturing: It allowed for the relocation of manufacturing plants from the U.S. to Mexico due to low-cost labor, benefiting both countries.
- Maquiladoras: These manufacturing plants in Mexico assemble products for export, contributing to economic growth.
- Trade: NAFTA facilitated increased corporate investments across borders, boosting economies in Canada, Mexico, and the U.S.
Learn more about North American Free Trade Agreement (NAFTA) here:
https://brainly.com/question/32444532
