International Business

What does NAFTA stand for?

• North America Fund Trade Agreement

• North American Free Trade Agreement

• North America Free Trade Agreement

• North Africa Free Trade Agreement

Which year was NAFTA established?

• 1994

• 2004

• 1990

• 1987

Currently, Mexico is ranked ... in terms of auto exports

• 5

• 1

• 4

• 3

Why are so many auto factories moving back to Mexico after NAFTA?

• The natural conditions in Mexico are suitable for building factories

• Low production and labor cost

• The demand for cars in Mexico increases sharply

• All of the above

When factories moved to Mexico due to the impact of NAFTA, how many jobs in the automobile industry did the USA lose?

• 770 000 jobs

• 700 000 jobs

• 800 000 jobs

• 730 000 jobs

Consumers have no benefits after NAFTA

• True

• False

TTIP stands for which agreement between the European Union and the United States?

• The Transatlantic Trade and Investment Pacific Ocean

• The Transatlantic Trade and International Partnership

• The Transatlantic Trade and International Pacific Ocean

• The Transatlantic Trade and Investment Partnership

The reason the United States became less competitive

when Mexico join in NAFTA is:

• Fewer competitors

• Face tariffs

• Consumers disbelieve

• Fired from Government

Producers in Mexico lost their jobs after participating NAFTA

• False

• True

The main content of today's lesson is:

• Guess?????

• Uhhhh........

• Regional Economic Integration

• I'm not sure :((((