Albright Adviser Says Mexico Might Walk Away From Nafta

The video discusses the ongoing NAFTA negotiations, focusing on contentious issues like rules of origin. It highlights Mexico's readiness to exit NAFTA if terms are unfavorable, preferring WTO rules as a backup. The potential for Mexico to negotiate directly with Canada is also explored, emphasizing improved bilateral relations.

What is one of the main contentious issues in the NAFTA negotiations?

• Currency exchange rates

• Environmental regulations

• Rules of origin

• Labor laws

What did Mexico's Foreign Minister suggest about the future without NAFTA?

• It would not be the end of the world

• It would be catastrophic for Mexico

• It would lead to economic isolation

• It would strengthen ties with the US

What is Mexico's position if the NAFTA terms are not favorable?

• They are ready to walk away

• They will negotiate indefinitely

• They will accept any terms

• They will seek arbitration

What trading rules would Mexico prefer if NAFTA is not favorable?

• WTO rules

• No trade agreements

• Bilateral agreements with the US

• Regional trade agreements

What is the potential alternative for Mexico if US terms are not acceptable?

• Focus on domestic markets

• Seek new trade partners in Asia

• Increase tariffs on US goods

• Negotiate directly with Canada