Question 772

The North American Free Trade Agreement (NAFTA) created a massive trade zone. In 2008, what was the approximate value of merchandise trade within this agreement?

  1. AOver $444 million
  2. BOver $500 billion
  3. CLess than $100 billion
  4. DOver $1 trillion
Show the answer and explanation

Correct answer: D) Over $1 trillion

Explanation

In 1994, Mexico joined Canada and the United States in NAFTA. The agreement covered over 444 million people and generated over $1 trillion in merchandise trade in 2008.

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