NAFTA: Good or Bad

The North American Free Trade Agreement (NAFTA) became effective in Canada, Mexico, and the United States on January 1, 1994. This agreement removed the tariffs and other trade barriers on goods produced and sold in North America. NAFTA was built upon a prior 1989 trade agreement between the U.S. and Canada that was responsible for tariff reductions between the nations. NAFTA forms the world's second largest free trade area. The largest free trade area is the European …

…by pollution are a serious threat to some U.S. water sources. The arguments over NAFTA are likely to continue for many years. Investors and businessmen will continue to see NAFTA as good, while many workers, worker advocates and environmentalists will continue to see it as a threat. Bibliography Encarta Encyclopedia 2000 Office of the United States Trade Representative at www.ustr.gov The Global Exchange at www.globalexchange.org The North American Free Trade Agreement