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

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 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 a 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

As a result of NAFTA, many US manufacturers moved to Mexico where employees were cheaper and environmental standards were lower.

• True
• False

Which of these is the largest free trade agreement?

• OPEC

• NAFTA

• TINSTAAFL

• WTO

Are there tariffs on imports from countries in the deal?

• yes

• no