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SS6E2d USMCA

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What does NAFTA stand for?

a)

North American Federation Trading Act

b)

North America Fur Trade Agreement

c)

North America Free Trade Agreement

d)

Northern Africa Free Trade Act

2.

Which countries are included in the NAFTA & USMCA deal? (Select all that apply)

a)

Mexico

b)

USA

c)

Alaska

d)

Canada

e)

Greenland

3.

Why was the NAFTA/USMCA agreement put into place?

a)

To decrease trade between countries in North America

b)

To promote trade between countries in North America

c)

To promote trade between the Caribbean Islands

d)

To decrease trade between North & South america

4.

The new USMCA trade deal was signed

a)

June 1 2020

b)

July 1 2020

c)

June 1 2002

d)

July 1 2002

5.

Which of the following would greatly benefit Canada?

a)

Canada can purchase online items from the U.S. without tax

b)

Car factories in Mexico would move to the U.S.

c)

More working regulations for factories in Mexico

d)

U.S. can produce automobiles

6.

The data for the USMCA deal has to be checked on every 6 years. The person who does this, studies and analyzes the economy. This person is called?

a)

Economist

b)

Statistician

c)

Mathmatician

d)

Pharmacist

7.

The USMCA is supposed to _________ over the years?

a)

Grow the economy

b)

Stall the economy

c)

Decline the economy

d)

Destroy the economy

8.

A tax on certain imports and exports is called?

a)

Tariff

b)

Embargo

c)

Quota

d)

Specialization

9.

NAFTA was signed and effective during which year

a)

1984

b)

1994

c)

2004

d)

2020

10.

The level of financial and material goods available to citizens

a)

Standard of Living

b)

Specialization

c)

Trade Barrier

d)

Currency Exchange