Question

A survey of professional economists revealed that more than three-fourths of them agreed with fourteen economic propositions. Which of the following is not one of those propositions? a. The United States should eliminate agricultural subsidies. b. The United States should withdraw from the North American Free Trade Agreement (NAFTA). c. Local and state governments should eliminate subsidies to professional sports franchises. d. The United States should not restrict employers from outsourcing work to foreign countries.

Answer 1

Answer:

The United States should withdraw from the North American Free Trade Agreement (NAFTA) is not one of those fourteen propositions agreed upon by three-fourths of professional economists.

Option: (B)

Explanation:

• The North American Free Trade Agreement was signed between the major countries spanning the North American continent, namely the United States, Canada, and Mexico.
• There was never a recommendation from the professional economists of the United States asking the government to withdraw from NAFTA as it allowed the United States to carry out easy, tariff-free trade with its two neighboring countries and also helped it maintain good relations with them.