North American Free Trade Agreement (NAFTA), pact that calls for the gradual removal of tariffs and other trade barriers on most goods produced and sold in North America. NAFTA became effective in Canada, Mexico, and the United States on January 1, 1994. NAFTA forms the world’s second largest free-trade zone, bringing together 365 million consumers in Canada, Mexico, and the United States in an open market. The largest free-trade zone is the European Economic Area (which includes the members of the European Union and the European Free Trade Association), which also became effective in 1994.
1. What does NAFTA stand for?
2. What countries are included in NAFTA?
3. When was this law passed?
4. Who was the President at the time?
5. NAFTA is the 2nd largest “trade union” in the world… who is first?
6. What does open trade mean? (…that there is “no” what on purchased products……?)
7. What percentage of the overall GDP (Gross Domestic Product) does the US actually export?
George W Bush
In 2002, George W. Bush decided to send troops into Iraq. The U.S. Congress authorized war with Iraq on October 2, 2002, and the war began on March 19, 2003. The following excerpt is from a press conference President Bush participated in in Azores, Portugal, March 16, 2003.
"The dictator of Iraq and his weapons of mass destruction are a threat to the security of free nations. He is a danger to his neighbors. He's a sponsor of terrorism. He's an obstacle to progress in the Middle East. For decades he has been the cruel, cruel oppressor of the Iraq people.
On this very day 15 years ago Saddam Hussein launched a chemical weapons attack on the Iraqi village of Halabja. With a single order the Iraqi regime killed thousands of men and women and children, without mercy or without shame. Saddam Hussein has proven he is capable of any crime. We must not permit his crimes to reach across the world.
Saddam Hussein has a history of mass murder. He possesses the weapons of mass murder. He agrees -- he agreed to disarm Iraq of these weapons as a condition for ending the Gulf War over a decade ago. The United Nations Security Council, in Resolution 1441, has declared Iraq in material breach of its longstanding obligations, demanding once again Iraq's full and immediate disarmament, and promised serious consequences if the regime refused to comply. That resolution passed unanimously and its logic is inescapable; the Iraqi regime will disarm itself, or the Iraqi regime will be disarmed by force. And the regime has not disarmed itself." 1. Who is the dictator of Iraq that President Bush is referring to?
2. What were President Bush’s reasons for going to war with Iraq?
Health insurers must spend 80 to 85% of premiums on medical care
Can stay on their parents’ health insurance plan until the age of 26, regardless if employer coverage is available
5. What is a tax credit?