6.8C Economics NAFTA

NAFTA is an agreement between all of the following countries EXCEPT

• United States
• Mexico
• Great Britain
• Canada

Free trade means 

• the countries use the same currency
• No trade barriers
• there is a quota on some goods
• trade is quick and easy

Tags

CCSS.RL.6.7

CCSS.RI.7.7

CCSS.RI.6.7

CCSS.RL.7.7

CCSS.RI.5.7

NAFTA was signed by the three countries in 

• 2004
• 1984
• 1994
• 2014

What is the purpose of NAFTA?

• To increase trade between all countries
• To help Canada become a more independent nation
• To eliminate the environmental issues between the nations involved

How has positively NAFTA impacted Canada?

• The free trade has increased sales & profits for Canada
• It has allowed Canada to hire Mexican workers to mine in the Canadian Shield

How has NAFTA negatively impacted Canada?

• There actually hasn’t been a negative impact on Canada because of NAFTA.
• Because NAFTA doesn’t have environmental regulations, pollution has increased

Which of the following is NOT negative impact of NAFTA?

• loss of higher- wage US jobs
• Mexico does not have strict environment regulations 
• American factories moving to Mexico where there are fewer regulations
• lowers wages in the US

Unemployment in the US rose after NAFTA went into effect. 

• True 
• False

Trade between US, Mexico, and Canada has more than tripled since 1994.

• True
• False

NAFTA later created the Commission for Environmental Cooperation.  Where is it located?

• US
• Canada
• Mexico