NAFTA vs. USMCA | International Business скачать в хорошем качестве

NAFTA vs. USMCA | International Business

What’s better than watching videos from Alanis Business Academy? Doing so with a delicious cup of freshly brewed premium coffee. Visit www.lannacoffeeco.com and get free shipping on your online order. Subscribe to Alanis Business Academy on YouTube for updates on the latest videos: https://www.youtube.com/alanisbusines... Developed in 1995, the North American Free Trade Agreement (NAFTA) was intended to promote trade between the countries of the United States, Canada, and Mexico. This was largely accomplished by eliminating tariffs, which allowed goods to flow freely across international borders. And this sounds like a great thing. Businesses would have access to new customers while also being able to diversify their supply chains throughout North America. Despite these benefits, NAFTA hasn't exactly been all the rage, especially in the U.S. where it has drawn criticism from many including President Trump. So after much negotiating, not to mention a great deal of posturing, NAFTA was retooled into what is the United States, Mexico, Canda Agreement or USMCA for short. But is the USMCA a drastic deviation from NAFTA? We'll explore that topic in this lecture.