TEK 10D US and Canada

Which countries are most directly affected by NAFTA?

• the United States, Canada, and Mexico
• members of the World Trade Organization
• the United Kingdom, France, and Germany
• all of the most favored nations (MFNs)

One trend associated with globalization due to pacts such as NAFTA

• a growing reliance on the World Bank among nations

• a growing economic interdependence among nations

• less political stability among nations

• less political cooperation among nations

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

The North American Free Trade Agreement has created what?

• a situation creating free trade zones to encourage trade

• An agreement between European countries increasing tarrifs

• Latin American countries creating an environment of cooperation

• Tariffs have increased and trade has decreased around the globe

outsourcing has impacted USA every way listed except

• offering 24/7 services in different areas

• Mexico has gained a lot of jobs

• reducing production cost of goods lowering cost for the consumer

• Americans have lost jobs that have been moved away

#13 Which of the following has helped create a global economy in the present day?

• The use of high taxes for imports and exports
• Improvements in technology have made trade easier
• The creation of one form of currency (money) used to trade
• The success of the Communist governments in guiding trade