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This an essay about the pros and cons of NAFTA and its effects on the U.S., Canada, and Mexico.

Date Submitted: 11/12/2004 19:23:53
Category: / Business & Economy / Global Economy
Length: 5 pages (1353 words)
The North American Free Trade Agreement (NAFTA) is a very significant part of international trading 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. There were concerns of U.S. jobs being lost in the transfer of factories to foreign nations, where U.S. companies could take advantage of cheap labor and the lack of workers' rights. Also, …
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…businesses to lay off American workers to hire cheap Mexican labor. Working populace keeps countries alive and prosperous. It is unethical business practice and NAFTA could serve a vital role in the economic development without taking extreme advantage of laws. I think NAFTA is a great idea and the rise in the GDP shows that it has been successful. Still, the money gained from free trade does not outweigh the environment, safety, and workers' rights.
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