{"id":3030,"date":"2019-01-18T13:42:53","date_gmt":"2019-01-18T18:42:53","guid":{"rendered":"https:\/\/carleton.ca\/ces\/eulearning\/?page_id=3030"},"modified":"2019-01-18T13:59:01","modified_gmt":"2019-01-18T18:59:01","slug":"comparing-nafta-and-ceta","status":"publish","type":"page","link":"https:\/\/carleton.ca\/ces\/eulearning\/comparing-nafta-and-ceta\/","title":{"rendered":"Comparing NAFTA and CETA"},"content":{"rendered":"

You may have heard of the North American Free Trade Agreement<\/a> (NAFTA) between Canada, the United States, and Mexico. NAFTA is considered a traditional \u201cfirst generation\u201d free trade agreement (FTA) while CETA is a more sophisticated and complicated \u201csecond-generation\u201d agreement.
\nLook at the table below to see how NAFTA compares to CETA:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
<\/td>\nNAFTA<\/td>\nCETA<\/td>\n<\/tr>\n
Came into effect<\/td>\n1 January 1994<\/td>\n21 September 2017 (provisionally)<\/td>\n<\/tr>\n
Trade between partners<\/td>\n$1.1 trillion in 2017<\/td>\n$90 billion in 2017<\/td>\n<\/tr>\n
Phasing out of trade barriers<\/td>\nYes, over 15 years<\/td>\nYes, over 7 years<\/td>\n<\/tr>\n
Initial tariff elimination<\/td>\n26%<\/td>\n99%<\/td>\n<\/tr>\n
Nature of agreement<\/td>\nMultilateral (between three countries)<\/td>\nBilateral (EU treated as one entity)<\/td>\n<\/tr>\n
Trade in agricultural goods<\/td>\nYes, as a result of side deals between the three parties<\/td>\nYes, included in the original agreement<\/td>\n<\/tr>\n
Rules of origin<\/td>\nFavours use of domestic components (domestic content must be 62.5%)<\/td>\nFavours use of foreign components (domestic content must be 45%)<\/td>\n<\/tr>\n
FTA beforehand?<\/td>\nYes, between Canada and the United States<\/td>\nNo<\/td>\n<\/tr>\n
Labour mobility<\/td>\nVisas allowed for 64 professions to work in a member country for up to three years<\/td>\nStreamlined regulations to allow mobility of professions<\/td>\n<\/tr>\n
Investment<\/td>\nClosed dispute settlement mechanism between member countries<\/td>\nTransparent dispute settlement mechanism opened to third parties<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

(Source:\u00a0Livingston, \u201cComparing CETA and NAFTA is like Comparing Apples to Oranges\u201d<\/a>)<\/p>\n

Use this table to discuss which is better: the traditional first-generation NAFTA, or complex second-generation CETA.<\/p>\n

Click HERE<\/a> to read about how CETA\u2019s rules on geographical indicators affected a Canadian producer.<\/p>\n","protected":false},"excerpt":{"rendered":"

You may have heard of the North American Free Trade Agreement (NAFTA) between Canada, the United States, and Mexico. NAFTA is considered a traditional \u201cfirst generation\u201d free trade agreement (FTA) while CETA is a more sophisticated and complicated \u201csecond-generation\u201d agreement. Look at the table below to see how NAFTA compares to CETA: NAFTA CETA Came […]<\/p>\n","protected":false},"author":30,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":"","_links_to":"","_links_to_target":""},"yoast_head":"\nComparing NAFTA and CETA - EU Learning<\/title>\n<meta name=\"description\" content=\"You may have heard of the North American Free Trade Agreement (NAFTA) between Canada, the United States, and Mexico. 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