Mexico's Guajardo Says Will Engage in Trilateral Nafta Talks

The transcript covers discussions on NAFTA negotiations, focusing on the trilateral nature of the agreement and the potential for bilateral agreements if Canada does not join. It highlights unresolved issues between Canada and the US, particularly in supply management and government procurement. The transcript also delves into Chapter 19's dispute resolution mechanisms and the impact of new wage rules on the auto industry. Additionally, it discusses agricultural trade between the US and Mexico and the importance of currency protection in trade agreements.

What is Mexico's preferred structure for NAFTA?

• Separate agreements with each country

• Trilateral agreement including Canada

• No agreement at all

• Bilateral agreement with the US

Which chapter is crucial for dispute resolution in NAFTA?

• Chapter 25

• Chapter 21

• Chapter 19

• Chapter 11

What is the new wage requirement for a portion of auto workers?

• $10 an hour

• $16 an hour

• $20 an hour

• $12 an hour

What percentage of a car's content must be made in a high wage zone under the new rules?

• 60%

• 40%

• 30%

• 50%

Which country is the largest buyer of US yellow corn?

• Mexico

• China

• Canada

• Brazil

What is the MFN tariff rate for non-conforming autos?

• 2.5%

• 3.5%

• 1.5%

• 4.5%

What is the purpose of the currency protection chapter?

• To boost exports

• To lower interest rates

• To prevent currency manipulation

• To increase tariffs