SS6E2d USMCA

What does NAFTA stand for?

• North American Federation Trading Act

• North America Fur Trade Agreement

• North America Free Trade Agreement

• Northern Africa Free Trade Act

Which countries are included in the NAFTA & USMCA deal? (Select all that apply)

• Mexico

• USA

• Alaska

• Canada

• Greenland

Why was the NAFTA/USMCA agreement put into place?

• To decrease trade between countries in North America

• To promote trade between countries in North America

• To promote trade between the Caribbean Islands

• To decrease trade between North & South america

The new USMCA trade deal was signed

• June 1 2020

• July 1 2020

• June 1 2002

• July 1 2002

Which of the following would greatly benefit Canada?

• Canada can purchase online items from the U.S. without tax

• Car factories in Mexico would move to the U.S.

• More working regulations for factories in Mexico

• U.S. can produce automobiles

The data for the USMCA deal has to be checked on every 6 years. The person who does this, studies and analyzes the economy. This person is called?

• Economist

• Statistician

• Mathmatician

• Pharmacist

The USMCA is supposed to _________ over the years?

• Grow the economy

• Stall the economy

• Decline the economy

• Destroy the economy

A tax on certain imports and exports is called?

• Tariff

• Embargo

• Quota

• Specialization

NAFTA was signed and effective during which year

• 1984

• 1994

• 2004

• 2020

The level of financial and material goods available to citizens

• Standard of Living

• Specialization

• Trade Barrier

• Currency Exchange