1. NumPy is a fundamental Python library for numerical computing that provides support for arrays and vectorized computations.
2. Pandas is a popular Python library for data manipulation and analysis that provides DataFrame and Series data structures to work with tabular data.
3. When performing arithmetic operations between DataFrames or Series in Pandas, the data is automatically aligned based on index and column labels to maintain data integrity. NumPy also automatically broadcasts arrays during arithmetic to align dimensions element-wise.