Trade Agreements

studied byStudied by 1 person
5.0(1)
Get a hint
Hint

North America Free Trade Agreement

1 / 24

flashcard set

Earn XP

Description and Tags

Geography

9th

25 Terms

1

North America Free Trade Agreement

NAFTA

New cards
2

NAFTA

eliminated tariffs between the US, Mexico, and Canada creating a free trade zone.

New cards
3

NAFTA

encouraged trade between the three countries as it would be a lot cheaper.

New cards
4

NAFTA

Helps all of the involved countries keep costs down when trading between them

New cards
5

NAFTA

In the U.S. inflation increased, caused an overall loss of jobs

New cards
6

NAFTA

companies moved to Mexico for lower working costs.

New cards
7

United States Mexico Canada Agreement

USMCA

New cards
8

USMCA

An attempt to improve NAFTA

New cards
9

USMCA

Created new laws on investment, enterprises, currency, and more

New cards
10

USMCA

mutually beneficial trade

New cards
11

USMCA

A win for Americans, creating increased car production in the US

New cards
12

USMCA

deepened productive integration for Mexico

New cards
13

USMCA

Damages the automotive industry in the US

New cards
14

USMCA

less protection to drug companies

New cards
15

Dominican Republic-Central America FTA

CAFTA-DR

New cards
16

CAFTA-DR

Gets rid of some tariffs and trade barriers which promotes stronger trade and investment ties.

New cards
17

CAFTA-DR

Advocates for workers’ rights in the region

New cards
18

CAFTA-DR

reduces poverty, and promotes economic growth

New cards
19

CAFTA-DR

Took away the lifestyles of CA small farmers

New cards
20

CAFTA-DR

unfair treatment to smaller regions as they can not provide as many goods as the bigger ones

New cards
21

World Trade Organization

WTO

New cards
22

WTO

Promote smooth trade

New cards
23

WTO

More variety in exports

New cards
24

WTO

settles trade agreements and disputes amongst all

New cards
25

WTO

Developing countries might suffer while bigger countries will benefit

New cards

Explore top notes

note Note
studied byStudied by 16 people
... ago
5.0(2)
note Note
studied byStudied by 9 people
... ago
5.0(1)
note Note
studied byStudied by 29 people
... ago
5.0(2)
note Note
studied byStudied by 65 people
... ago
4.0(2)
note Note
studied byStudied by 188 people
... ago
5.0(1)
note Note
studied byStudied by 10 people
... ago
5.0(1)
note Note
studied byStudied by 16 people
... ago
5.0(1)
note Note
studied byStudied by 29 people
... ago
5.0(1)

Explore top flashcards

flashcards Flashcard (85)
studied byStudied by 84 people
... ago
5.0(4)
flashcards Flashcard (66)
studied byStudied by 6 people
... ago
5.0(1)
flashcards Flashcard (36)
studied byStudied by 35 people
... ago
5.0(2)
flashcards Flashcard (96)
studied byStudied by 84 people
... ago
5.0(2)
flashcards Flashcard (26)
studied byStudied by 31 people
... ago
5.0(1)
flashcards Flashcard (20)
studied byStudied by 1 person
... ago
5.0(1)
flashcards Flashcard (33)
studied byStudied by 11 people
... ago
4.0(1)
flashcards Flashcard (156)
studied byStudied by 503 people
... ago
5.0(2)
robot