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Chapter 3, Trade Agreements

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Chapter 3, Trade Agreements

  1. 1. Avery Trendel Block 3 Chapter 3, Trade Agreements
  2. 2. What is NAFTA? <ul><li>NAFTA is the North American Free Trade Association </li></ul><ul><li>Mexico, Canada, and The United States are involved with this. </li></ul><ul><li>It began in 1993. </li></ul>
  3. 3. Advantages of NAFTA <ul><li>Allows each country to specialize and be more efficient. </li></ul><ul><li>Opens up the Mexican market. </li></ul><ul><li>Access to a pool of relatively cheap labor. </li></ul>
  4. 4. Disadvantages of NAFTA <ul><li>Potential loss of jobs </li></ul><ul><li>Environmental problems </li></ul><ul><li>Hidden Costs </li></ul>
  5. 5. International Companies that sell to the US <ul><li>Toyota </li></ul><ul><li>Nintendo </li></ul><ul><li>Ferrari </li></ul>
  6. 6. Wal-Mart <ul><li>Wal-Mart does business with 14 countries outside of the United States </li></ul><ul><li>Wal-Mart operates in Mexico as Walmex. </li></ul><ul><li>In Japan it is called Seiyu </li></ul><ul><li>The UK calls it ASDA </li></ul>

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