Download NAFTA handout Justin

NAFTA Handout Sheet
Slide 1: NAFTA
(North American Free Trade ____________________ )
Slide 2: What is NAFTA?
An agreement that created a _____________ trade bloc in North America. It is also one of the most
powerful and wide-reaching treaties in the world. The goal was to eliminate ____________ to trade and
investment between the countries in North America. It brought the elimination of ___________ of
things being imported and exported between the 3 countries.
Slide 3: Who was involved in NAFTA?
NAFTA was signed by the government of the United States, Canada and ____________.
 __________ _______________ - Prime Minister of Canada
 __________ _______________ - President of Mexico
 George H. W. Bush - President of the United States
Slide 4: Where does NAFTA affect?
It affects the 3 countries of ____________ _______________ :
 Canada
 Mexico
 United States
It caused the 3 countries to become a single, giant, integrated ____________. It has become the worlds
______________ trade bloc.
Slide 5: When was NAFTA Issued?
The leaders of the 3 countries met in San Antonio, Texas on December 17th, 1992 to sign NAFTA. The
House of _________________________ then approved NAFTA on November 17th, 1993. It went into
effect on __________________________. It formed the worlds ______________ free trade area.
Slide 6: Why was NAFTA put in place?
Taxes were too high on imported goods between the 3 countries. There was also a promise of
__________________ new jobs between the 3 countries. It also generated economic growth and rising
standards of living of all 3 member countries. Mexico wanted to purchase bigger amounts of products
than before, whereas Canada and America wanted lower costs of ______________ and
_________________.
Slide 7: Benefits of NAFTA
It allows the __________________ people in the U.S, Mexico and Canada to export to each other at a
lower cost. The elimination of tariffs reduces inflation by decreasing the costs of imports. Its resulted in
lesser business costs and encouragement of investment and growth in _____________ enterprises. Its
also created millions of job oppurtunities with ________________ wages.
Slide 8: Interesting Facts
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The American President who actually signed the approval of NAFTA was _________
________________
The eState Department had opposed NAFTA because they thought it would be a ___________
______________
Although there were objections to it, NAFTA was welcomed without opposition.
Slide 9: NAFTA's Significance to Canada
An important benefit for Canada with NAFTA was improved access to the Mexican market and
expanding sales in sectprs tjat were previously highly _________________. Canada's exports have
grown substantiall, particularly in high-value added sectors such as ______________________
equipment.
Slide 10: THE END
By: Justin Clark