A Trade Agreement Among The United States Canada And Mexico Quizlet

The U.S.-Canada trade relationship is the largest bilateral flow of income, goods and services in the world, while Mexico is the second largest trading partner of the United States after Canada. In addition, the report points out that foreign direct investment and remittances are also an important factor in trade between Mexico and its NAFTA partners. This report examines the trilateral relationship between the United States, Canada and Mexico in the ten years since the North American Free Trade Agreement (NAFTA) and provides facts and figures on trade and migration between the three countries. Travel from Canada and Mexico to the United States appears to have declined between 2000 and 2004; The figures show a 20% drop in the volume of inspections at U.S. air, land and sea ports. Canada and Mexico send at least 85 percent of their exports to the U.S. and about 60 percent of both countries` imports come from the U.S. . . .