NAFTA - McGraw-Hill Introduction to Business

[VIDEO] Six Big Changes NAFTA’s Replacement, the USMCA, Makes

October 12, 2018

Last week representatives from the U.S., Mexico, and Canada reached an agreement to update NAFTA, the international trade deal that went into effect in 1994. Now known as the USMCA, this video looks at how the new deal could affect various industries throughout North America. Click here to watch it.

Questions:

Which industries will be most affected by the USMCA?
What is the purpose of international trade deals like NAFTA or the USMCA?

Photo by Nicoguaro.

NAFTA, Free Trade, Operations Management, Tariffs, Global, USMCA, Regulation

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 3: Globalization, Chapter 9: Production and Operations Management, Bonus Chapter A: Business Law, Videos

[VIDEO] What Impact Could a Remade NAFTA Have On You?

September 1, 2017

NickelsMcHughMcHugh

Along with being one of the most groundbreaking trade pacts in history, the North American Free Trade Agreement is also considerably controversial. NAFTA has especially faced criticism recently, leading representatives from the U.S., Canada, and Mexico to meet and discuss the future of the deal. This video looks at how NAFTA currently impacts supply chains in North America and how changes to the agreement could affect commerce.

Questions:

What do American opponents of NAFTA want to change about the deal? Continue reading →

Free Trade, Protectionism, Global, North America, Supply chains, Product Distribution, NAFTA

Chapter 1: Taking Risks and Making Profits, Chapter 3: Globalization, Chapter 15: Distribution, Bonus Chapter A: Business Law, Videos

[VIDEO] NAFTA Explained

August 29, 2016

NickelsMcHughMcHugh

As the Trans-Pacific Partnership inches closer to ratification in the U.S. and abroad, the debate surrounding free trade agreements like it has grown more intense. This video takes a look at one of the first of these tariff-eliminating multinational deals, NAFTA, and the ways that it has remained controversial.

Questions:

Do free trade deals like NAFTA or TPP provide enough of an economic benefit to justify their potentially negative effects on the U.S. job market?
How do tariffs encourage Continue reading →

Free Trade, Economics, Global, Ethics, Manufacturing, NAFTA, TPP

Chapter 2: Economics, Chapter 3: Globalization, Chapter 4: Ethics and Social Responsibility, Videos