CNBC Power Lunch provides an overview of the major differences between NAFTA and the USMCA agreement, particular when it comes to automobiles, access to Canadian dairy markets, and changes in product markets from technological advances.
Teaching Economics with Media
CNBC Power Lunch provides an overview of the major differences between NAFTA and the USMCA agreement, particular when it comes to automobiles, access to Canadian dairy markets, and changes in product markets from technological advances.
One of the coolest examples of international trade is China’s use of pandas as a tool for encouraging international trade. While the pandas (and their eventual cubs) may come with a hefty fee, the majority of these pandas accompany major international trade deals that countries sign with China. This quick explainer video outlines the way China uses pandas to their advantage.
A Marketplace background on NAFTA, including clips from Ronald Regan and the ’92 Presidential Debate.
A brief background of NAFTA and the problems of exiting NAFTA. A good discussion within the video covers the parties that gain and the parties that loses from NAFTA. A good note in the video is that the jobs that are lost are different from the jobs that were gained.
This is one I only show after some serious prepping that I don’t care about the politics behind it. John McCain was asked his thoughts on NAFTA during the Iowa primaries. The end is geared toward the politics, he does a nice job explaining the pros and cons of trade agreements. I find that when students hear the same message from other people, they tend to remember it.