Which of the following describes the 'Fast Track' authority given to the President regarding NAFTA?
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Correct answer: The ability to submit the trade deal to Congress for an up-or-down vote without amendments
'Fast Track' (now called Trade Promotion Authority) is essential for trade deals. It prevents Congress from adding thousands of amendments that would force the President to go back and renegotiate with the other nations.
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More NAFTA and North American Trade questions
- How did NAFTA impact the automotive industry in North America?
- Critics of NAFTA from the political 'Right' often expressed concerns about:
- In the long run, the most significant impact of NAFTA was the creation of:
- The North American Free Trade Agreement (NAFTA), which took effect in 1994, was primarily designed to:
- Which U.S. President originally signed NAFTA into law, though the negotiations were largely conducted by his predecessor?
- A major criticism of NAFTA by American labor unions was that it would lead to: