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1. What are the potential economic benefits of the tracking provisions in the NAFA treaty? * The free trade movement of goods across borders for the harmonization of products standard. * Simplification of tax regimes making it possible for companies to have free trade and foreign protection. * Competition, opening up opportunities for firm to export outside their regions. * Establish the factor of mix cost of common currency.
B. Who benefit?
a. Achievement of free flow of trade and investment between neighboring countries. C. Who might lose?
a. Maybe the truck driver who lost their job since they was no longer needed to transfer the goods from the border of Mexico to their destination
.
2. What do you think motivated the Teamsters to object to the object to the trucking provision in NAFTA? Are these objections fair? Why did Congress initially align itself with the Teamster? A. The Teamsters couldn’t accept the part of NAFTA provision of Free Trade which states that all barriers of trade of goods and service among member countries were removed. That mean they wouldn’t have to go by their rules in the country, but by their movement of NAFTA agreement and adjustment. B. It depends on the trade diversion the high cost and low cost of suppliers and does it diverts the amount exceeds. C. No, they adhere to the rules of the NAFTA agreement to impediment to integration. 3. Did it make economic sense for the United State to bear the cost of punitive tariffs as allowed for under NAFTA, as opposed to letting Mexico trucks enter the United States? A. No, however it was a Tariff that United States could afford for not honoring its commitment to the NAFTA treaty to move forward in formatting an accounting standard of business enterprises. 4. Yes, President Obama amended and put in place what was needed for the US to conform...

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