Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Download Solution

Related Solution

Assignment Questions...
They were not just angry about the amount of tax imposed on them, they were also angry because of the assault on their autonomy by the British rulers. They have to pay tax for every piece of paper the...

Topic 5 Video Assignment on the Revolution:
Topic 5 Video Assignment on the Revolution:

They were not just angry about the amount of tax i

Week 7 Discussion_16...
Does anyone even know somebody who hasn’t gone through conflict at work, school or just anywhere? That would be something weird to see but, I have of course experienced conflict in the workplace, scho...

Week 7 Discussion
Week 7 Discussion

Does anyone even know somebody who hasn’t gone t

Paper 1_1672321596.d...
Two New Pieces of Information I learned from Nicole Firstly, people face many big issues in professional sports, such as the customers shift and how they consume entertainment (00.10.44). Secondly, I...

Paper 1
Paper 1

Two New Pieces of Information I learned from Nicol

NAFTA

NAFTA

Q For Discussion 1- Outline the differences between NAFTA and USMCA. 2- Explain why the U.S. decided that NAFTA needed to be renegotiated?

View Related Questions

Solution Preview

View Complete Solution
1. Differences between NAFTA and USMCA can be identified from the reduced trade restrictions among three countries. USMCA has been established with the influence of President Trump for making a few alteration that was there in NAFTA. Sunset clause is different in NAFTA and USMCA. There is no mention of automatic sunset clause to the agreement in NAFTA. On the other hand, USMCA is there only for 16 years. The three countries will negotiate and fix the problems after six years (Chepeliev et al. 2018). The tariff system has been increased to 75% in USMCA, which was zero tariff in NAFTA.