Question

1. U.S. opponents of NAFTA argue that the agreement hurts the United States. In their view, NAFTA's greatest harm is its

harmonization of labor policies

harmonization of environmental standards

harmonization of product safety standards

job destruction and downward pressure on U.S. wages

2. Currently, there are approximately _____ RTAs in force.

10

50

100

400

600

2. One problem with NAFTA that is not shared by other trade blocs is that

national environmental laws differ greatly

the countries are at very different stages of economic development.

the countries speak different languages.

the countries are not natural trading partners

the United States and Mexico have a history of conflict.

Answer 1

Q1: Under the view of U.S. opponents of NAFTA, the agreement that causes greatest harm to the United States is the job destruction and downward pressure on U.S. wages.

Q2: According to the world Bank Report, Regional trade agreements are increasing in number and changing their nature. Fifty trade agreements were in force in 1990. There were more than 280 in 2017. Presently, there are approximately 400 RTA's

Q3: Under NAFTA, environmental standards are not harmonised. Therefore the problem with NAFTA that is not shared by other trade blocs is that national environmental laws differ greatly.

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