The Impact of NAFTA on Wages and Trade in North America

The video discusses the negative impact of NAFTA on American wages and jobs, highlighting the outsourcing incentives and protections for big corporations. It critiques President Trump's unfulfilled promises to renegotiate NAFTA and address trade deficits, emphasizing the need for a new trade policy. The video proposes changes for a progressive trade agreement, including removing outsourcing incentives and adding labor and environmental standards with enforcement mechanisms.

What is one of the main criticisms of NAFTA according to the transcript?

• It primarily benefits small businesses.

• It has led to increased wages in Mexico.

• It incentivizes outsourcing of jobs.

• It has no impact on pharmaceutical prices.

How have wages in Mexico changed since NAFTA started?

• They have decreased by 9%.

• They have doubled.

• They have increased by 9%.

• They have remained the same.

What was one of President Trump's promises regarding NAFTA?

• To increase outsourcing incentives.

• To eliminate all trade agreements.

• To renegotiate NAFTA to benefit American workers.

• To maintain the status quo.

What is the current state of NAFTA renegotiation as mentioned in the transcript?

• It is being done transparently with public input.

• It has been completed successfully.

• It has been abandoned entirely.

• It is mainly talk with little action.

What is one of the criticisms of the current NAFTA renegotiation process?

• It is being done with full public transparency.

• It involves too many environmental groups.

• It has already been completed.

• It is dominated by corporate lobbyists.

What is a key component of a progressive trade agreement?

• Increasing corporate protectionism.

• Removing incentives for outsourcing.

• Reducing labor standards.

• Ignoring environmental agreements.

What is necessary to ensure the enforcement of standards in trade agreements?

• Voluntary compliance by countries.

• Swift and certain enforcement mechanisms.

• Ignoring international labor standards.

• Relying solely on corporate interests.

What is a necessary addition to trade agreements according to the transcript?

• Increased outsourcing rights.

• More corporate incentives.

• Labor standards based on international norms.

• Fewer environmental protections.

What is the ultimate goal of creating a fair trade policy?

• To eliminate all trade agreements.

• To focus solely on environmental standards.

• To ensure trade benefits all, not just corporations.

• To benefit only the CEOs.

What is the stance of the American people on trade agreements as mentioned in the transcript?

• They oppose all forms of trade.

• They prefer unfettered free trade.

• They support fair trade over free trade.

• They are indifferent to trade policies.