Final Report Outline.docx - Outline changes in NAFTA(USMCA between now and 2025(2,000 words 1 Introduction 2 Current state of NAFTA/USMC a Pay attention

Final Report Outline.docx - Outline changes in NAFTA(USMCA...

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Outline: changes in NAFTA (USMCA) between now and 2025 (2,000 words) 1. Introduction 2. Current state of NAFTA/USMC a. Pay attention to trade & tariffs 3. Prediction for trade a. What does that mean for US and other places? 4. How will the changes in trade effect? a. consumers, b. their preference c. products prices 5. how will the above effect business strategies? 6. implication for regional integration 7. implication for financial market 8. implication for flow of money around world 9. what does it mean for standard living of US and abroad? Research: - nafta-deal-heres-whats-it/ - 1 year of negotiations of NAFTA - Name change to US Mexico Canada Agreement (USMCA) - Key provisions wont be in effect until 2020 due to the length of time it takes for other nation’s leaders to agree and sign documents - Changes include: o 75% of vehicles components must be made in US, Mexico, or Canada (will increase consumer price of cars) o Milk market for US in Canada opens up. Canada’s price scheme is eliminated & are giving
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