USMCA Quiz

When was the United States-Mexico-Canada Agreement (USMCA) signed?

• January 1, 1994

• November 30, 2018

• August 16, 2017

• March 13, 2020

When did the USMCA take effect?

• January 1, 1994

• November 30, 2018

• August 16, 2017

• July 1, 2020

What trade deal did the USMCA replace?

• North American Free Trade Agreement (NAFTA)

• Trans-Pacific Partnership (TPP)

• European Union-United States Free Trade Agreement (EU-US FTA)

• Asia-Pacific Economic Cooperation (APEC)

Who negotiated the USMCA?

• Barack Obama

• Donald Trump

• George W. Bush

• Bill Clinton

What was one of the main criticisms of NAFTA?

• Increase in tariffs on goods

• Loss of jobs in the U.S.

• Lack of intellectual property protections

• Inadequate labor standards

What is the minimum requirement for the percentage of components manufactured in one of the three participating countries for automobiles under the USMCA?

• 50%

• 62.5%

• 75%

• 80%

What is the minimum wage requirement for workers in the automotive manufacturing process under the USMCA?

• $10 (USD) per hour

• $12 (USD) per hour

• $14 (USD) per hour

• $16 (USD) per hour

What does the USMCA do to intellectual property protections?

• Extends copyright period

• Imposes tariffs on digital products

• Removes copyright safe harbor for internet companies

What provision does the USMCA have regarding its expiration?

• It expires after 10 years

• It expires after 16 years

• It expires after 20 years

• It has no expiration date