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Economics - Financial Markets
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Provisions . Automobile Manufacturing: 20% Mexican Tariff on U.S, car eliminated.. Agriculture: 57% of all Canadian, U.S., and Mexican tariffs on farm products eliminated immediately and all the remaining tariffs phased out over 15 years...Clothing and Textiles: Canadian and U.S. tariffs phased out over 10 years, and Mexican tariffs eliminated immediately...Trucking: Mexican, Canadian, and the U.S. truck drivers allowed to drive and deliver goods anywhere in North America. Questions 1: Which provisions listed benefit the U.S. ? 2:Which provisions listed have a negative impact on the U.S. ?
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cont.. 3: How has NAFTA benefited the economies of all 3 nations that signed it? 4: Do you think NAFTA helps or hurt the Economy?
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