Research the current status of the NAFTA renegotiation and answer the following questions in paragraph format. (Tip: Search the internet for the summary of objectives for the NAFTA renegotiation document, published in 2017 by the office of the United States Trade Representative. This need to be one source include in the total of 3 sources.)
Questions:
1. Provide a half-page summary of the current status of the NAFTA renegotiation, and briefly outline the main concerns of its three members.
2. In your own words, explain what is meant by “Improve the U.S. trade balance and reduce the trade deficit with the NAFTA countries.”
3. What are some barriers to American exports that might exist? Explain.
4. What does the term reciprocal mean? Provide an example of how it relates to NAFTA.
5. What is meant by “rules of origin”? Do you think this term is a contradiction of free trade? Explain.
6. What revisions to NAFTA do you think would be necessary for Canada to benefit from? List three possible revisions.
Also need work cited page.
Thank you~
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