USMCA Deal Is a Positive Step Forward, Columbia's Sabatini Says

USMCA Deal Is a Positive Step Forward, Columbia's Sabatini Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses Mexico's significant labor market reforms under a new trade deal, which includes raising wages and liberalizing labor markets. It highlights the impact on third countries, particularly China, due to stricter rules of origin. The video also covers the incoming Mexican President Lopez Obrador's administration, Brazil's upcoming election with candidates Bolsonaro and Haddad, and Argentina's ongoing economic challenges, including the need for IMF support.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes did Mexico make to its labor markets as part of the trade deal?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the original expectation of NAFTA regarding wages for Mexican workers?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the new trade deal affect the wages of Mexican workers?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact will the new rules of origin have on China's ability to export auto parts to Mexico?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some characteristics of President Lopez Obrador's administration compared to President Pena Nieto's?

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