Trade Agreement With Mexico And Canada

Some workers and sectors have faced painful disruptions due to the loss of market share due to increased competition, while others have benefited from the new opportunities offered by the market. This is considered important, as it could set a precedent for future trade agreements. [54] Chapter 33 sets out monetary and macroeconomic transparency requirements that, if violated, would create a remedy under Chapter 20. [54] The United States, Canada and Mexico currently meet all of these transparency requirements, in addition to the substantive political requirements that are consistent with the articles of the International Monetary Fund Convention.