Trade agreement NAFTA (North American Free Trade Agreement)

1.Develop the origin of comparative advantage and its relationship with international trade, using the selected treaty as an example.

2. A description of the selected treaty that includes:

• the reasons for the creation of the selected treaty and the countries included in it.
• the benefits and effects of export and import in the treaty.
• what were the obstacles encountered in the development of the treaty.

3. An analysis of the effectiveness of the selected treaty that includes:

• trade advantages and disadvantages of the treaty.
• the economic impact for countries.
• the effects of fiscal and monetary policies on income and the price level in the selected treaty.

4.In your conclusion, you must present:

• a summary of the salient findings.
• a comment on the future challenges pending to be resolved in the treaty.

Reference: Office of the United States Trade Representative: United States-Mexico-Canada Agreement Available at https://ustr.gov/trade-agreements/free-trade-agreements/united-states-mexico-canada-agreement

Minimun 3 references and cites