Exam 3 trob senior year chp 10
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2017-11-09 14:48
Section
| Question | Answer |
|---|---|
| ATPA | Andean Trade Preference Act, trade agreement between the U.S. and northern South America, established in 1991 |
| What regions do the americas and the caribbean basin include? | North America, (U.S,Canada, Mexico)South America,Central America,West Indies |
| Who are the top 4 GDP in 2016 | 1. U.S. 2. BRAZIL 3. Canada 4. Mexico |
| What countries are developing in the americas and the carribean basin? | Argentina,Costa Rica, Chile, Mexico |
| What does NAFTA stand for? | North American Free Trade Agreement |
| CBI | Caribbean Basin Initiative, |
| What countries are involved in NAFTA? | Canada, Mexico, U.S. |
| What did NAFTA do? | eliminated quotas and tariffs among canada, mexico, and the U.S. |
| Who are the top 3 countries supplying to the US. | china, mexico,india |
| When was CBI established? | 1983 it was a trade preference program with u.s., ELIMINATED quotas through use of item 807 |
| What was the purpose of FTAA? | to unite 3 economies into a single free trade area |
| FTAA | free trade area of the americans, free trade agreemnt under discussion since the early 2000s involving 34 countries in North, Central and South America |
| What was the goal of CAFTA? | to create free trade zone |
| Who are major suppliers of T& A to U.S.? | peru and columbia |
| When was CAFTA created? | 2002 in 2004 domincan republic joined making it CAFTA-DR |
| What is item 807? | allows cut componenets to be exported by US to participating countries then assembled and imported back to US |
| When did NAFTA go into effect? | 1994 |
| What countires are less developed in the americas and carribean basin? | hondouraus, nicarguara, haiti |
| What was the point of CBI? | to stimulate industrial growth in central america & west indies |
| What year did Mexico become the largest supplier of garment assembly to the US? | 1996 |
| What is the purpose of CBI? | to stimulate industrial growth in central america & west indies |
| what are the top countries exporting to the U.S. that are included in 807? | Costa rica,el savador, guatelmala, honduras, nicaraguara |
| what are some of the effects of NAFTA? | many firms moved production to mexico, low cost labor |
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