Case Study: USMCA (NAFTA) (AQA A-Level Geography): Flashcards
📚Flashcards
Practise the cards
10 cards from this deck
ShowHide
Practise the cards
10 cards from this deck
Year NAFTA was signed
Year NAFTA was signed
1994
Three member countries of NAFTA
Three member countries of NAFTA
United States, Canada, and Mexico
Combined GDP of NAFTA members by 2017
Combined GDP of NAFTA members by 2017
$22 trillion
Trade volume change under NAFTA since 1994
Trade volume change under NAFTA since 1994
Increased fourfold (quadrupled)
Maquiladora definition
Maquiladora definition
Manufacturing plant in Mexico near US border in free trade zones
Year USMCA was ratified
Year USMCA was ratified
2020
% of car parts made in NA for zero tariffs (USMCA)
% of car parts made in NA for zero tariffs (USMCA)
75 per cent
USMCA min. wage for 40-45% of vehicle parts
USMCA min. wage for 40-45% of vehicle parts
$16 per hour
USMCA copyright term extension
USMCA copyright term extension
70 years beyond the life of the author
USMCA sunset clause duration
USMCA sunset clause duration
16 years