Ex-Trade Rep. Hills Says Canada Is Essential to USMCA

Ex-Trade Rep. Hills Says Canada Is Essential to USMCA

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the winners and losers of a trade agreement, emphasizing the importance of keeping Canada in the agreement to maintain economic integration. It highlights improvements and additions from the Trans Pacific Partnership, while expressing satisfaction with the overall agreement despite some complex rules. The video also covers economic openings, such as Canada's dairy market, and the decision not to use national security measures on autos. However, tariffs on steel and aluminum remain unresolved, raising questions about national security justifications.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it considered beneficial to keep Canada in the North American trade agreement?

Due to the synchronized supply chains between the countries

Because Canada has a larger economy than the US

To prevent Canada from joining another trade bloc

Because Canada is a major military ally

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the sources for the additions to the new trade agreement?

The Trans Pacific Partnership

The African Continental Free Trade Area

The European Union Agreement

The Asian Free Trade Agreement

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a concern mentioned about the new trade agreement?

The complexity of rules of origin

The absence of a dispute resolution mechanism

The lack of environmental regulations

The exclusion of Mexico

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What issue remains unresolved in the trade agreement?

Tariffs on textiles

Tariffs on electronics

Tariffs on steel and aluminum

Tariffs on dairy products

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is the use of national security measures against Canada questioned?

Because Canada has been a close ally since World War Two

Because Canada has a weak military

Because Canada is part of the European Union

Because Canada is not a major trading partner