Question
Welcome to the Week 4 discussion. Before the North American Free Trade Agreement (NAFTA) was signed, there was a big discussion at all levels. The
Welcome to the Week 4 discussion.
Before the North American Free Trade Agreement (NAFTA) was signed, there was a big discussion at all levels. The Congress, the trade unions, the public, the President offered their views. The Treaty finally entered into force in 1994. Free trade agreements do not affect everyone equally; that is why their signatures involve "heated" discussions; to the point that the current President of the United States, Mr. Donald Trump proposed renegotiating not only NAFTA, but all the trade agreements signed even with the European Economic Community and challenged China by imposing tariffs on imports of goods and services from that country. In December 2018, the United States, Mexico and Canada signed an agreement: the United States, Mexico and Canada Agreement (USMCA), which replaced NAFTA.
1. Is it a good idea for the United States to have signed the USMCA with Canada and Mexico?
2. What are some of the arguments for?
3. What are some of the arguments against?
4. If you had been able to vote, would you have voted for or against signing the NAFTA treaty or replacing it with the USMCA?
5. How will President Trump's imposition of tariffs on aluminum imports into the United States affect you as a consumer? Why?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started