North American Free Trade Agreement (NAFTA) has not only eliminated all tariffs and nontariff barriers to trade among the member countries but also allows free human migration between the member countries.

How has the pattern of trade changed in the United States since 1960? What are the types of goods that are causing the shift in the balance of imports and exports in the United States?

What will be an ideal response?

Leontief showed that U.S. exports were capital intensive relative to U.S. imports

Indicate whether the statement is true or false