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NAFTA

THE NORTH AMERICAN FREE TRADE AGREEMENT.

The North American free trade agreement was brought forth into law in 1994. The fundamentals of it were based on an earlier agreement already in place with Canada. The main purpose of NAFTA was to further elaborate on this previous agreement and to basically open the doors of free trade to all three of the North American nations, those being Canada , America, and Mexico.

In the early days of the formation of NAFTA many citizens and politicians alike were very concerned as to the effect it would have on our economy here in the United States. The main cause for concern was directed towards the possible loss of jobs in major industries in America. The arguments that supported NAFTA were very clear and straight to the point. Opening the borders to free trade would create more business commerce, henceforth job growth. The arguments against NAFTA dealt directly with jobs as well. Not the growth of them, but the possible loss of them to lower wages that were being paid to workers in Me


With the possibility of a free trade agreement with China in the works, NAFTA has been a valuable tool for many economists to use to judge the possible effects of free trade agreements with other nations as well. The trend of open global markets is sure to continue in the future, and we as the largest free county in the world, need to lead the way.

rts to Mexico in the first three years of NAFTA, which is totally amazing. The drastic rise in exports was due to the reduction of tariffs between our two countries, which was a major part of the NAFTA treaty.

border policies between our two countries.

Recently Mexico's President Fox visited the United States to talk with not only president Clinton, but also the presidential nominees as well. His visit was obviously a very well timed one considering it's an election year and many eyes are focused on issues such as free trade and immigration issues. The main purpose of President Fox's visit was to try and plant the seeds of persuasion to open our borders even more. He literally wants to

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Approximate Word count = 703
Approximate Pages = 3 (250 words per page double spaced)


  

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