ClearConcept — A-Level Revision

Specification Reference

NAFTA

Higher demand

Plain English

North American Free Trade Agreement — a trade agreement between the USA, Canada, and Mexico (now replaced by USMCA in 20...

public

Real World

After NAFTA was signed in 1994, Ford shifted significant car production to Mexico where labour costs were lower, reducing US manufacturing jobs but cutting vehicle prices for American consumers.

tips_and_updates

Exam Focus

Note NAFTA was replaced by USMCA in 2020 — using outdated context without acknowledgement can cost evaluation marks.

Confidence Check

How well did you know this?