Describe the regional international organizations affecting global business
In this hypothetical case study and writing assignment, you will assess whether a particular state can enact trade barriers that conflict with the North American Free Trade Agreement (NAFTA).
A one- to two-page (250- to 500-word) paper
Perform the following tasks:
Step 1: Write a paper that answers the questions below.
In terms of job loss, North Carolina is one of the states most adversely affected by the North American Free Trade Agreement (NAFTA). Assume hypothetically that North Carolina is considering a 25% tariff (tax) on all foreign-manufactured textiles and furniture items imported into the state. The tariff’s purpose will be predominately protective in nature, designed to protect and advance textile and furniture manufacturers in North Carolina and to create jobs. In a 1- to 2-page (250- to 500-word) paper, advise the lawmakers in North Carolina of the constitutionality of such a tariff.