What was the value of NAFTA trade in 2015?

Answer: C — 1.11 trillion

In 2015, the value of NAFTA (North American Free Trade Agreement) trade reached approximately $1.11 trillion. This figure represents the total trade in goods and services between the United States, Canada, and Mexico, the three countries involved in the agreement. NAFTA, which came into effect in 1994, significantly boosted trade by reducing tariffs and other trade barriers among the member nations, leading to a dramatic increase in cross-border trade. The $1.11 trillion figure also underscores the importance of NAFTA in facilitating economic integration and promoting economic growth in North America. The trade dynamics established under this agreement have set foundational trade relationships that continue to evolve, particularly in sectors such as automotive, agriculture, and technology. Understanding the scale of NAFTA trade, especially the $1.11 trillion value, provides insight into the economic interdependence among the countries involved and highlights the substantial impact of trade agreements on national economies.