Question

What was a major goal of the nations that signed the United States-Mexico-Canada Agreement?

A.
protecting North American manufacturing from competition from Europe and Asia

B.
lowering the costs of European and Asian goods for North American consumers

C.
eliminating environmental protection policies that affected business profits

D.
establishing a common currency to eliminate the need for an exchange system

Answer 1

A

The USMCA updated NAFTA to encourage production within North America (tighter rules-of-origin, auto content and labor provisions), aiming to protect and strengthen regional manufacturing versus competition from outside the region.