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Running head: NAFTA
NAFTA:
The Good, the Bad and the Ugly
ECO305-0803B-14 Global Managerial Economics
Instructor: Professor Ray Bell
08/28/2008

Abstract
In 1994, North American Free Trade Agreement (NAFTA) was born. Between Mexico and the United States, NAFTA began by eliminating all non-tariff restrictions to agricultural trade. A phased approach was established to create a smooth transition to free trade with Mexico. Economically the impact on Mexico has been significant. Trade between United States and Mexico has grown 300% from calendar 1993 to calendar 2002. However, there are skeptics. Mexico’s strong growth in exports under NAFTA has not translated into strong economic and social progress. The environmental impact of NAFTA on Mexico continues to be an issue. The area known as the Maquilador, is labeled as an environmental and health disaster. The Maquiladora has grown steadily since NAFTA took effect. Underemployment and work in jobs that are low paying and......

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Approximate Word Count: 1288
Approximate Pages: 6 (250 words per double-spaced page)

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