Question

What are features of the United States–Mexico–Canada Agreement (USMCA) trade agreement?

Choose two correct answers.

a-The USMCA increases most taxes Mexico pays on cars.

b-The USMCA institutes a committee for oversight on Mexico’s labor rights issues.

c-The USMCA requires governments to follow the findings of enforcement panels, which determine whether countries are following USMCA rules.

d-The USMCA is expected to boost trade between the United States, Mexico, and Canada by over 10 percent.

Answer 1

The United States–Mexico–Canada Agreement (USMCA) trade agreement includes a committee for oversight on Mexico’s labor rights issues and requires governments to follow the findings of enforcement panels. It does not increase taxes on cars in Mexico.

Step-by-step explanation:

The United States-Mexico-Canada Agreement (USMCA) is a trade agreement that replaced the North American Free Trade Agreement (NAFTA) on July 1, 2020. It has several features:

The USMCA institutes a committee for oversight on Mexico’s labor rights issues. This means that there will be a dedicated committee to monitor and address labor rights concerns in Mexico.

The USMCA requires governments to follow the findings of enforcement panels, which determine whether countries are following USMCA rules. This ensures that governments must comply with the decisions made by enforcement panels regarding the adherence to USMCA rules.

The other options provided in the question are not correct. The USMCA does not increase taxes on cars in Mexico, and while it is expected to boost trade between the three countries, there is no specific percentage mentioned.

Answer 2

Step-by-step explanation:

b-The USMCA institutes a committee for oversight on Mexico’s labor rights issues.

c-The USMCA requires governments to follow the findings of enforcement panels, which determine whether countries are following USMCA rules.