NAFTA was signed in 1993 by the US, Canada, and Mexico to create a free trade area with no trade barriers or tariffs between the countries. The goals of NAFTA were to allow free movement of goods and services, promote competition, protect property rights, and resolve disputes among members. While NAFTA increased trade, profits, and economic cooperation, it also led many US factories to relocate to Mexico to take advantage of lower wages, resulting in job losses in higher-paying US manufacturing jobs.
The North American Free Trade Agreement (NAFTA) was implemented on January 1st, 1994 and is an agreement to remove both tariffs and investment barriers between the United States, Canada, and Mexico, as well as encourage further trade. NAFTA incorporates the previous 1989 agreement between the United States and Canada to remove tariffs on agricultural trade. Mexico and Canada had a separate agreement on agricultural products that eliminated most of the tariffs over a fifteen year period. The full provisions of the NAFTA agreement, including the elimination of all tariffs, were implemented fourteen years after the first signing of NAFTA on January 1st, 2008.
NAFTA(North American Free Trade Agreement)sajal789
this is regarding NORTH AMERICAN FREE TRADE AGREEMENT ITS MEMBERS NATIONS AND HOW IT HAS HELPED THE NATIONS TO COMPETE IN THE WORLD WITH OTHER COUNTRIES
The North American Free Trade Agreement (NAFTA) was implemented on January 1st, 1994 and is an agreement to remove both tariffs and investment barriers between the United States, Canada, and Mexico, as well as encourage further trade. NAFTA incorporates the previous 1989 agreement between the United States and Canada to remove tariffs on agricultural trade. Mexico and Canada had a separate agreement on agricultural products that eliminated most of the tariffs over a fifteen year period. The full provisions of the NAFTA agreement, including the elimination of all tariffs, were implemented fourteen years after the first signing of NAFTA on January 1st, 2008.
NAFTA(North American Free Trade Agreement)sajal789
this is regarding NORTH AMERICAN FREE TRADE AGREEMENT ITS MEMBERS NATIONS AND HOW IT HAS HELPED THE NATIONS TO COMPETE IN THE WORLD WITH OTHER COUNTRIES
This presentation is made by Palm & Latex Technology & Value Addition degree programme students in Uva Wellassa University of Sri Lanka as to fulfill a requirment for their course of Trade & Finance. In this presentation is generally related to Sri Lanka.
SAFTA, Aggreement of safta , india,pakistan, afghanistan,bangladesh,malidives,sri lanka,nepal ,bhutan.
issues of safta, sapta, why it is failing?, safta instruments
Trade negotiations of the Transatlantic Trade and Investment Partnership (TTIP) and The Trans-Pacific Partnership (TTP) trade deals have provided more fuel to the fire of this ongoing debate.
Mercosur, Mercosul, or Ñemby Ñemuha, officially Southern Common Market, is a South American trade bloc established by the Treaty of Asunción in 1991 and Protocol of Ouro Preto in 1994. Its full members are Argentina, Brazil, Paraguay and Uruguay.
This presentation explains the views of international trade given by mercantilists and neo-mercantilists. it also presents a case study that shows mercantilism is still alive! Moreover, it also shows it's implication in US-CHINA Trade War.
This presentation is made by Palm & Latex Technology & Value Addition degree programme students in Uva Wellassa University of Sri Lanka as to fulfill a requirment for their course of Trade & Finance. In this presentation is generally related to Sri Lanka.
SAFTA, Aggreement of safta , india,pakistan, afghanistan,bangladesh,malidives,sri lanka,nepal ,bhutan.
issues of safta, sapta, why it is failing?, safta instruments
Trade negotiations of the Transatlantic Trade and Investment Partnership (TTIP) and The Trans-Pacific Partnership (TTP) trade deals have provided more fuel to the fire of this ongoing debate.
Mercosur, Mercosul, or Ñemby Ñemuha, officially Southern Common Market, is a South American trade bloc established by the Treaty of Asunción in 1991 and Protocol of Ouro Preto in 1994. Its full members are Argentina, Brazil, Paraguay and Uruguay.
This presentation explains the views of international trade given by mercantilists and neo-mercantilists. it also presents a case study that shows mercantilism is still alive! Moreover, it also shows it's implication in US-CHINA Trade War.
Interesting perspective from a Mexican LSP point of view on why/how manufacturing companies domiciled in the US and Canada are expanding their footprint into Mexico
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Putting the SPARK into Virtual Training.pptxCynthia Clay
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Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
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India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...Kumar Satyam
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What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
2. NAFTA, the North American Free Trade
Agreement, was signed by the United
States, Canada, and Mexico.
NAFTA was signed
in 1993 and went
into effect on
January 1, 1994.
3. NAFTA was written to create a Free Trade
Area in North America.
“Free Trade” means that countries may
freely trade goods with each other
without having to pay a tariff (tax) on
those goods.
In other words, “free trade” means no
trade barriers.
4. The purpose of the agreement is to:
Allow free movement of goods and
services among the countries.
Promote competition in the free trade
areas.
Protect the property rights of people and
businesses in each country.
Be able to resolve problems that arise
among the countries.
Encourage cooperation among
countries.
6. Free trade increases sales and profits for
Mexico, Canada and the U.S.A., thus
strengthening their economies.
Lack of tariffs has allowed Mexico to sell its
goods in the USA and Canada at lower prices.
This makes Mexican products more
competitive in these markets and increases
Mexico’s profits as it tries to develop its
economy.
Free trade is an opportunity for the U.S. to
provide financial help to Mexico by making
jobs available in factories located there.
7. a. “NAFTA Members
Prepare for Picnic!”
b. “NAFTA Members
Graciously Share
Business Ventures!”
c. “NAFTA Members
Cover Up
Conspiracy!”
d. “NAFTA Members
Vie For Business!”
8.
9. Free trade has caused more U.S. jobs
losses than gains, especially for higher-
wage jobs.
›Factories, called
Maquiladoras, are
built on the Mexican
border and workers
are hired there to
make goods at a much
lower wage than
workers would be paid
in the U.S.A.
10. Minimum Wage
Mexico - $3.40 per day vs. US - $5.15 per
hour
Example: Hourly compensation costs for
production workers in manufacturing
Mexico - $1.21 vs US - $17.70
(Global Trade Watch, The NAFTA Index,
October 1, 1998)
11. These factories make many types of
products.
12. 3 Day Blinds •Honda
20th Century Plastics •Honeywell, Inc.
Acer Peripherals •Hughes Aircraft
Bali Company, Inc. •Hyundai Precision America
Bayer Corp./Medsep •IBM
BMW •Matsushita
Canon Business Machines •Mattel
Casio Manufacturing •Maxell Corporation
Chrysler •Mercedes Benz
Daewoo •Mitsubishi Electronics Corp.
Eastman Kodak/Verbatim •Motorola
Eberhard-Faber •Nissan
Eli Lilly Corporation •Philips
Ericsson •Pioneer Speakers
Fisher Price •Samsonite Corporation
Ford •Samsung
Foster Grant Corporation •Sanyo North America
General Electric Company •Sony Electronics
JVC •Tiffany
GM •Toshiba
Hasbro •VW
Hewlett Packard •Xerox
Hitachi Home Electronics •Zenith
13. Good or Bad?
United States Mexico
They can move their factories to They would not like foreign owned
Mexico and ship the goods to the factories because they would
US with no tariffs. create competition and hurt
They would not have to pay the Mexican owned businesses.
workers in Mexico as much as in Maquiladoras would provide jobs
the United States. for Mexicans, but the profit made
They would be able to sell their by maquiladoras would go back
product for cheaper, but still into the US economy, not into
make a good profit Mexico’s
Many American factory workers It would provide a job in a country
lose their jobs because the owners where there are not enough jobs
move the factories to Mexico. However, the wages are very low
American factory workers cannot and the working conditions are
move to Mexico to keep their jobs. not good
Goods made in Mexico would Building factories creates
cost a lot less because labor is pollution. An environmentalist
cheaper there. would want to make sure that
Mexico had laws to protect the
environment.