NAFTA And Its Effects

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problem. Also, Mexican workers have not benefited, and in some cases, are worse off today than just five short years ago. Futhermore, jobs have begun to flood across the borders and unemployment is still a concern even with the NAFTA resolution. Additionaly, the environmental benefits promised through improved state-of-the-art buildings have yet to materialize.

TRADE DEFICIT

The North American Trade Agreement has continued to create a trade deficit for the United States. The United States trade deficit with Mexico has continued to expand. It has increased from $1.26 billion in December of 1998 to $1.43 billion in January of 1999 (Wall Street Journal, 3/19/99). The trade deficit with Mexico has almost doubled in one year, in January of 1998 it was only $0.80 billion and in January of 1999 it has swollen to $1.43 billion (Wall Street Journal, 3/19/99).
The U.S. trade deficit with Canada has also increased. The deficit has risen from $2.18 billion in December of 1998 to ...

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