Warning: Use of undefined constant referer - assumed 'referer' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 102

Warning: Use of undefined constant host - assumed 'host' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 105

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 106

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 109
The North American Free Trade Agreement - Online Term Paper

The North American Free Trade Agreement



In January 1994 the United States, Mexico and Canada entered into (NAFTA) and created the largest free trade sector and the richest market in the world. Over 410 million consumers are able to take advantage of the benefits of this treaty (de Blij, Muller 186). In 1995 Chile was added to the treaty and will become a full-fledged member early in the next century.
is unique because the treaty not only created the largest free trade zone in the world but also outlined economic policies, which set the standard for many other treaties and addressed other issues such as environment and working conditions.
In order to better understand NAFTA, the most important goals of the treaty need to be ...

Want to read the rest of this paper?
Join Essayworld today to view this entire essay
and over 50,000 other term papers

would improve through increased wages and newer safer facilities. Creating an expanded and safe market for exports/imports and services was also a goal and is ongoing even today as more goods and services flow across the borders. Trade rules that were beneficial to all treaty members were established and have 'standardized' the quality of all trade items as well as provided the environmental support to "clean-up" any environmental "hot spots". The last major goal of the treaty was to foster world trade and set the example for trade cooperation in the world environment and encourage other countries to establish more free trade areas.
There are many economic incentives for all the treaty members to include access to the larger North American market with over 410 million consumers, new opening investment and development opportunities for North American industries with exports as the driving force, elimination of tariffs (Canadian and United States tariffs were eliminated on ...

Get instant access to over 50,000 essays.
Write better papers. Get better grades.


Already a member? Login

benefited from the treaty but not without some initial problems. Other economic concerns were higher prices in Mexico and lowering of wages in Canada and the United States. On the whole wages increased in all three treaty nations, but Mexico still remains under the poverty level in some regions. Immigration of migrants to the United States from Mexico was another concern as it was assumed that the influx would increase. Also of concern for all treaty members was the dislocation of laborers, and increased competition for jobs.

One of the benefits that were used as a selling point for the North American Free Trade Agreement was an environmental standard for all three ...

Succeed in your coursework without stepping into a library.
Get access to a growing library of notes, book reports,
and research papers in 2 minutes or less.


CITE THIS PAGE:

The North American Free Trade Agreement. (2004, May 18). Retrieved March 29, 2024, from http://www.essayworld.com/essays/The-North-American-Free-Trade-Agreement/8010
"The North American Free Trade Agreement." Essayworld.com. Essayworld.com, 18 May. 2004. Web. 29 Mar. 2024. <http://www.essayworld.com/essays/The-North-American-Free-Trade-Agreement/8010>
"The North American Free Trade Agreement." Essayworld.com. May 18, 2004. Accessed March 29, 2024. http://www.essayworld.com/essays/The-North-American-Free-Trade-Agreement/8010.
"The North American Free Trade Agreement." Essayworld.com. May 18, 2004. Accessed March 29, 2024. http://www.essayworld.com/essays/The-North-American-Free-Trade-Agreement/8010.
JOIN NOW
Join today and get instant access to this and 50,000+ other essays


PAPER DETAILS
Added: 5/18/2004 05:41:55 AM
Category: Economics
Type: Premium Paper
Words: 1916
Pages: 7

Save | Report

SHARE THIS PAPER

SAVED ESSAYS
Save and find your favorite essays easier

SIMILAR ESSAYS
» The North American Free Trade A...
» North American Free Trade Agree...
» The North American Free Trade A...
» North America Free Trade Agreem...
» How The Canadian Economy Is De
» Comparison of NAFTA and the Eur...
» The Creation Of NAFTA
» Canada's Institutional Landscap...
» The NAFTA Scam
» The Failure Of NAFTA
Copyright | Cancel | Contact Us

Copyright © 2024 Essayworld. All rights reserved