| NAFTA
- The Effects of Free Trade in North America:
A Responsible Look at the Facts
It has been ten years
since NAFTA, North American Free Trade Agreement, was signed into
law. While the effects of NAFTA have proven to be positive for
some, there have been loses as well.
The impact of NAFTA,
in an ever-increasing Global society, has seen worker displacement,
trade deficits, and lower standards of living for many Americans.
At the same time, corporate profits have risen due to cheap labor
in other NAFTA countries.
NAFTA,
or North American Free Trade Agreement, "is a trade agreement
signed in November 1993 between the United States, Canada, and Mexico.
It helps to establish Free-Trade guidelines between the three countries.
NAFTA will soon grow to include eight more North American countries:
Argentina, Brazil, Chile, Columbia, Paraguay, Peru, Uruguay, and Venezuela.
(Michael Slusarz)
The primary goals
of NAFTA are, according to Slusarz, "to strength bonds of friendship
and to establish fair rules of trade, and to create employment opportunities..."
Our look into the
realities of NAFTA will help to shed light on the truth, and dispel
lingering myths.
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