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Nafta

            
            
             What is the North American Free Trade Agreement?.
             In January of 1994 the United States, Canada, and Mexico entered into what is called NAFTA .
             (North American Free Treade Agreement.) creating the largest and richest regional trade .
             agreement ever negotiated by the United States. NAFTA is scheduled to be fully implemented .
             by the year 2008. Within a two year time period, 1994-1996, the United States two-way .
             trade in goods under the NAFTA with Canada and Mexico stood at $420 billion: a 44% .
             increase since the NAFTA was signed.(1).
             The key goals for NAFTA are as follows:.
             1) To reduce barriers to trade.
             2) To increase cooperation for improving working conditions in North America.
             3) To create and expand safe markets for goods and services produced in North.
             America.
             4) To extablish clear and mutually advantageous trade rules.
             5) To help develop and expand world trade and provide a broader International.
             Cooperation in trading.
             To answer the question "What is in it for the consumer?" the answer would be "NEED". .
             Consumers are impacted each day by the NAFTA. They purchase items they need or want. .
             These are the same goods and services that cross our international borders on a daily basis. .
             With NAFTA an open market or (free trade) is created where goods or services can move .
             threw the markets without any restricitons. In addition to eliminating the tariffs from the market .
             NAFTA also seeks to make trade less expensive by deregulating the registration and some of.
             the labeling to products within the group. Movement of goods will be accelerated by.
             elimanation of quotas on goods or services. The benefits of free trade results in greater choices.
             in goods and services. It also gives way to lower prices and better quality due to competition.
             among the member nations. NAFTA also provides for better health and safety standards. On.
             most items, to protect the consumer, there are comments stating how safe the product is and.


Essays Related to Nafta

1. NAFTA

ECONOMIC EFFECTS OF THE NAFTA Free trading The NAFTA has been in effect since January 1, 1994, approximately for 10 years now. ... NAFTA has crated economic problems for the U.S. NAFTA has done nothing that it was intended to do. ... NAFTA supporters predicted NAFTA would create 170,000 new jobs forth U.S. economy, by using a formula that said for every 13,000 new jobs for each 1 billion in trade surplus. ... The greatest jobs loss due to NAFTA has been manufacturing jobs. ...

  • Word Count: 274
  • Approx Pages: 1
  • Grade Level: High School

2. NAFTA

NAFTA NAFTA, better known as the North American Free Trade Agreement, was first introduced signed on January 1, 1994. ... With that being known, the positive aspects of NAFTA begin to flow in. ... Also, NAFTA was responsible for transferred 7,000 auto-assembly jobs from Canada to Mexico. ... Why am I for NAFTA you may ask? ... Statistics wise, NAFTA has had more positive aspects then negative, as far as the economy goes, NAFTA also came to a more positive side rather negative...

  • Word Count: 533
  • Approx Pages: 2
  • Grade Level: High School

3. Nafta

The Free Trade Area of the Americas (FTAA) is the expansion of the North American Free Trade Agreement (NAFTA) to every country in Central America, South America and the Caribbean, except Cuba. Negotiations began right after the completion of NAFTA in 1994 and are to be completed by 2005. ... NAFTA's objectives have now translated into the objectives of the FTAA. The FTAA how ever is not just an expansion of the NAFTA. ... The FTAA has received heavy criticism, primarily from Anti-Globalization activists who believe that not only should the FTAA be stopped but also the NAFTA repealed. ...

  • Word Count: 553
  • Approx Pages: 2
  • Grade Level: Undergraduate

4. NAFTA

NAFTA continues to gradually reduce tariffs on set dates and aims to eliminate all tariffs by the year 2004. Before NAFTA was established, investing in Mexico was a difficult process. ... The free trade that NAFTA has established has greatly benefited the U.S. economy. ... NAFTA has had the greatest effect on the agricultural sector. ... NAFTA reversed this trend. ...

  • Word Count: 1058
  • Approx Pages: 4
  • Has Bibliography
  • Grade Level: High School

5. Nafta

Then, for each of these sectors, think about the way in which these sectors have been influenced by globalization and NAFTA, and try to come to some conclusion for each whether the impact has been negative or positive. ... This chapter declares the establishment of a free-trade area between Canada, the United States and Mexico, describes the overall objectives of the North American Free Trade Agreement (the NAFTA or Agreement), sets out the relationship of the NAFTA to other international agreements, and confirms the extent of the obligations undertaken by Canada, the United States and Mexico ...

  • Word Count: 479
  • Approx Pages: 2
  • Grade Level: Undergraduate

6. Alook at nafta

A Look at NAFTA A Look at NAFTA NAFTA is defined as the North American Free Trade Agreement between the Governments of Canada, Mexico, and the United States. ... The degree that some aspects of NAFTA benefit Canada is in debate but Canada's current economy is definitely in better shape now than it was before NAFTA was implemented. ... Some people argue that NAFTA is helping Canadians loose our identity. ... When NAFTA was started many jobs were lost because of the new rules. ... In the 1990's Canada eventually got out of its recession thanks to NAFTA. ...

  • Word Count: 1079
  • Approx Pages: 4
  • Grade Level: High School

7. NAFTA

This paper covers the effects of NAFTA on things such as employment, produce, and transportation, as well as many other things concerning NAFTA and whether or not it is beneficial. ... Ross Perot, one of the biggest opponents of NAFTA, is known for telling people that NAFTA would create "a giant sucking sound" as it sucked jobs and money out of the United States. ... (McMillion, 1999: 2) NAFTA creates a free trade area between these people. ... Through NAFTA, Mexico has become an investor-safe country. ... The graph below shows the increase in maquiladoras before NAFTA. ...

  • Word Count: 3581
  • Approx Pages: 14
  • Grade Level: High School

8. NAFTA

In January 1994, the United States, Mexico, and Canada implemented the North American Free Trade Agreement (NAFTA). ... NAFTA continues to gradually reduce tariffs on set dates and aims to eliminate all tariffs by the year 2004. Before NAFTA was established, investing in Mexico was a difficult process. ... It was created in 1947 and like NAFTA promotes international trade through the reduction of tariffs. ... Much like NAFTA, GATT proposes to increase trade through the reduction of tariffs. ...

  • Word Count: 3714
  • Approx Pages: 15
  • Grade Level: Undergraduate

9. NAFTA - Assessing Economic Impact

Generally however, NAFTA was not a trade diverting agreement. ... Mexico's export base shifted toward manufactured goods after NAFTA. ... Mexico's ties with the United States increased during the early years post-NAFTA. ... NAFTA at the time was Mexico's first treaty of that kind. ... As with any trade agreement, NAFTA caused a restructuring of the Mexican economy. ...

  • Word Count: 1593
  • Approx Pages: 6
  • Has Bibliography
  • Grade Level: Undergraduate

10. NAFTA

NAFTA - Canada's & Mexico's Viewpoints When the Canada/U.S. free trade agreement came into effect, the Mexican's were very impressed by the provision and opportunities that opened for both sides. ... On June 12, 1991, the trade ministers of Canada, the United States and Mexico met in Toronto to open negotiations for a North American Free Trade Agreement (NAFTA). ... The North American Free Trade Agreement (NAFTA) was set to be implied. ... NAFTA promises to have a major impact on the people in all three nations. ...

  • Word Count: 499
  • Approx Pages: 2
  • Grade Level: High School

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