NAFTA and other FTAs
TRD-322
Course Description:
This course examines the rules and criteria of NAFTA, and preparation of the NAFTA Certificate of Origin. It is an intermediate-level course that also explores free trade agreements in general and other special arrangements, but focuses on those of the United States and specifically on NAFTA Exposure to the U.S.-Chile FTA, the U.S.-Israel FTA, and the Generalized System of Preferences are included. Annex 401 (HTUSA General Note 12) is explored in detail.
Prerequisite: None. Workplace experience with the HTSUSA preferred.
Course Credit: 3 Credit Hours
Major Course Topics & Course Outcomes
As a result of the group and individual activities included in this course, the student will acquire the following knowledge and skills that can be applied to the workplace:
Introduction to Foreign Trade Agreements
- Define and judge the advantages of a Free Trade Agreement.
- Identify and interpret the concept of coverage of articles under an FTA.
- Differentiate among Free Trade Agreements globally.
Introduction to NAFTA
- Differentiate among NAFTA qualifying and nonqualifying.
Introduction to the NAFTA Certificate of Origin
- Identify prima facie validity of a NAFTA Certificate of Origin.
- Be able to properly create a NAFTA Certificate of Origin for qualifying goods.
- Recognize the uses of a NAFTA Certificate of Origin domestically, and with exports and imports.
- Differentiate the treatment of non-NAFTA qualifying goods.
- Differentiate among and determine the possible penalties of a false NAFTA certification.
- Recognize the use of the Verification of Origin Questionnaire and the need for compliance.
The Preference Criteria
- Understand the difference between the NAFTA Preference Criteria and the NAFTA Rules of Origin.
The Rules of Origin
- Understand and be able to apply the NAFTA rules of origin in accordance with the Preference Criteria.
- Correctly utilize the NAFTA preference criteria to determine NAFTA or non-NAFTA status.
- Identify and justify NAFTA under the correct preference criterion as applicable.
- Properly utilize Annex 401 in the use of Preference Criterion B.
- Determine Regional Value Content as required
Qualifying under Preference Criterion D
- Determine the circumstances under which Preference Criterion D can be utilized.
- Properly utilize Preference Criterion D for NAFTA qualification when applicable.
Understanding NAFTA Preference Criteria as the "Big Picture"
- Utilize NAFTA Preference Criteria correctly and in sequence.
- Anticipate possible misunderstandings of NAFTA Preference Criteria, judge correct application of the Criteria, draw proper conclusions and defend them.
Other Special Trade Provisions
- Examine and understand the basic requirements of the Generalized System of Preferences for the United States.
- Be able to locate and implement the exception provisions for special trade provisions.
Other Free Trade Agreements
- Examine and understand the basic requirements of the U.S.-Israel Free Trade Agreement.
- Distinguish among the types of basic requirements of free trade agreements and special trade provisions to which the U.S. is a party.
For current Course Materials click the provided link. Look for the Course Name & Code, to view the course materials needed for class.
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