AP Comparative Government and Politics / Unit 5: Political and Economic Changes and Development
5.2 Political Responses to Global Market Forces
Notes
Governments respond with trade agreements, tariffs, joining organizations (WTO), or protectionism. Examples: Mexico in NAFTA/USMCA; China joining the WTO in 2001.
Practice
China joined the WTO in:
Opened trade further.
Protectionism means:
Shielding producers.
Mexico's membership in USMCA increased its:
Regional trade.
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