Solved by verified expert:Hey, I need your help to make five slides of ppt for the conclusion part. This is a group work, my part is the last part which is about solution and conclusion. This article is about “What Firms Need to Know About Trade Policies for Developing Nations”. You can read all of slides of PPT which I was upload below, and do your research about this article if you’d like to, and then make five slides for the part of “Solution and Conclusion”(please put more words and pictures into each slide, so I can make sure everyone understand what I am talk about.) and one more thing is please write unless one and half pages of a speech for me, use simple words to describe those slides; one slide comparison with one paragraph on the speech sheet. thank you!
nafta_agreement__1_.pptx
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Anny Serrano
Xiao Aimier
Sydney Gemer
U.S., Canada &
Mexico:
Wrap Up NAFTA First
Round
What is the NAFTA
Agreement?
The Position of the United States of America
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President Donald Trump
Bullet points
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The Position of Canada
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Bullet points
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A
A
A
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Prime Minister Justin Trudeau
The Position of Mexico
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President Enrique Pena Nieto
Bullet points
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Overview of all
positions
U.S., Canada and Mexico
Wrap Up NAFTA First Round
North American Free Trade Agreement
• Agreement was inspired by the success of the European Union
• Free trade agreement with Canada became effective in 1989, paving
the way for NAFTA that went into effect in 1994
• United States felt the need to help intergrate Mexico into North America
as to reduce the risk of Mexico’s issues spilling over the border into the
U.S.
• Agreement was expected to provide each nation involved with better
access to one and others markets, technology, labor, knowledge and
expertise
United States Free Trade With Mexico
U.S. Gains
U.S. Loses
• Less expensive products
• Reduced tariffs
• Save on production costs
• Closures and relocations
• Relocation benefits
NAFTA’s Effects on Mexico and
Canada
Mexico
Canada
• Increase in productions of goods
in services for which they have a
comparative advantage
• Concerns regarding their social
welfare model being threatened
by the U.S. economy
• Labor intensive manufacturing
has also increased
• Concerns of government
program resources being
drained
• Rising investment spending
• However, not able to compete
against U.S. imports of rice, beef,
pork, and poultry
• Benefits come in the form of
safeguards relating to their
international trade status, access
to Mexico’s market and no loss
of current free trade preferences
NAFTA’s Effects on the United States
Costs
Benefits
• Expanding trade opportunities
•
Trade barriers limiting imports low
priced Mexican goods are no
longer
•
Unskilled workers face higher
competition
•
Environmental regulations at
stake
• Reduced prices
• Increasing competition
• The ability to attain more
economies of large-scale
production
American Monetary Union
Why
• The greater the
linkages between
countries, the more
suitable it is for them
to adopt a single
official currency
How
Opinions
• Similar economic
structures among the
three nations
• Could possibly
weaken Mexico’s
economy but has
promise of long term
gains
• Canada is very
concerned about the
loss of national
supremacy that this
policy would entail
also Canada sees no
real added benefit
Solusion and Conclusion
…
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