Canadian Minister Says It's Time to Modernize Nafta

Canadian Minister Says It's Time to Modernize Nafta

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the modernization of NAFTA, highlighting the need for updates due to its age and the significant trade between Canada and the US. It addresses the challenges of a five-year review and the importance of stability for businesses. Canada is focused on being constructive and innovative, particularly in the auto sector, and emphasizes the need for North American competitiveness. The transcript also covers the coexistence of NAFTA and TPP, Canada's trade diversification efforts, and the potential for a UK-Canada trade agreement post-Brexit, ensuring stability and predictability in trade relations.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the trade between Canada and the US impact the middle class?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the main reasons for the need to modernize the NAFTA agreement?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are associated with the rigorous review of NAFTA every five years?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What constructive proposals has Canada put forward regarding the rules of origin?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can Canada be more innovative in North America according to the discussion?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the trade agreement between Canada and the UK?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Canada plan to ensure stability and predictability in its trade relationships?

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