NAFTA

NAFTA

What was NAFTA?

A trade agreement signed by Canada, Mexico, and the United States in 1994.

Multiple Select

Which 3 countries were part of NAFTA?

• Canada

• Mexico

• United States

• Cuba

• Russia

Goals of NAFTA

• increase trade between the 3 countries

• reduce trade barriers

• establish standards for environmental, health, and safety regulations

• improve working conditions

Open Ended

List some of the goals of NAFTA.

Pros & Cons of NAFTA

• PRO: NAFTA increased trade and made foreign goods cheaper for all 3 countries

• PRO: NAFTA helped the economies of all 3 countries grow

• CON: NAFTA led to job losses in certain industries (like manufacturing), especially for the United States

Open Ended

Do you think the pros of NAFTA outweighed the cons? Explain.

USMCA

NAFTA was replaced with the United States-Mexico-Canada Agreement on July 1st, 2020.