Nafta
NAFTA, the North American Free Trade Agreement, is an economic and
trade agreement between the US, Canada, and Mexico which gradually
removes tariffs, quotas, and import licenses over a period of time.
This agreement was signed in 1994 and has been supported as well as
criticized. It's effects are realized by the nation as a whole, by
companies, and even by individuals living within these nations. The
full terms of the agreement will be completed in 2008 as the final trade
restrictions are lifted. (de Blij and Muller, 166)
Opposition over the agreement has come from many who believe it
brings environmental and health risks, and negatively impacts both
employment and wages. Supporters argue that the economic growth of
Mexico increases US exports, and that new, higher paying jobs have been
created. (Public Citizen) Analysis of the effects of NAFTA so far show
that while some jobs have been lost, mostly in the textile and apparel
industry, agricultural trade has......
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