Wk 9 Cip Reply 1

“Globalization” Please respond to the following MAIN DISCUSSION QUESTION:

Globalization deals with the interaction and integration of people, companies, and governments of different nations. This process is driven by international trade and investment and aided by information technology. Globalization is an important concept, as it affects the environment, culture, political systems, economic development and prosperity, and the physical well-being of societies around the world. The US and others are moving away from globalism. We will look at the new nationalistic reevaluation of our global agreements with our neighbors, Mexico and Canada.

Describe three (3) principal challenges faced by the original NAFTA (North American Free Trade Agreement) .

What are some of the changes made in the new proposed USMCA (US, Mexico, Canada Agreement) which will replace NAFTA.

STUDENT TIP: Here is a .Gov link to the new USMCA

https://ustr.gov/trade-agreements/free-trade-agreements/united-states-mexico-canada-agreement

Here is an article which compares the two agreements:

https://www.usatoday.com/story/news/2018/10/01/comparison-nafta-and-usmca-trade-agreements/1487163002/

George Petras, 10/1/2018. From NAFTA to USMCA: Key changes on trilateral trade pact. USA today

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