Canadian Auto Suppliers Surge on New Trade Deal With U.S.

Canadian Auto Suppliers Surge on New Trade Deal With U.S.

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses a new trade agreement involving Canada, Mexico, and the US, which revamps NAFTA. It highlights the positive impact on the Canadian auto industry, with a high vehicle export ceiling acting as a tariff exemption. The negotiation process is praised for resisting political pressure, and the deal includes significant labor standards improvements, particularly in Mexico, to prevent job losses. The agreement is noted as a landmark for addressing labor issues in trade deals.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the reaction of Gerry Dyess regarding the trade deal with Mexico?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Gerry Dyess describe the future of the auto industry in Canada?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What specific accomplishment was made regarding tariffs on Canadian autos?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns did auto workers have regarding potential tariffs?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes were made in the trade deal concerning labor standards?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the new trade deal address the issue of wages in Mexico?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What is significant about this trade deal in relation to labor issues?

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