Fun Facts
What is the largest free trade treaty in the world?
CUSMA
What was CUSMA's original name?
NAFTA
What does CUSMA relive?
MOST tariffs
True or False: CUSMA replaces the Canada U.S. Free trade agreement.
False, it replaces NAFTA
What are CUSMA's participating countries?
Canada, United States of America, and Mexico
What did CUSMA do to labour laws?
Strengthen and protected them
What are a few Canadian products that still have tariffs on them?
Name one of the three:
Steel, aluminum, forestry products
True or False: CUSMA includes products made in Germany, the U.S., and Canada.
False, the countries are Mexico, U.S., and Canada
Mr. Donald J. Trump Jr.
CUSMA opens up cross-border trading by eliminating what?
Tariffs
What industry was economic globalization lowered in?
Lumber
True or False: Investments lowered when CUSMA was instated.
False, investments increased
What is this agreement called in all three participating countries?
Canada - CUSMA
America - USMCA
Mexico - T - MEC
When was NAFTA changed to CUSMA?
July 1, 2020
How much did Canada's GDP increase because of CUSMA?
0.249
True or False: Canadian and Mexican trade increased by 300%
False, it increased by 400%