North American Free Trade Agreement: NAFTA

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Environmentalist fear that
pollution will spread across the continent. Farmers fear that produce grown in
Mexico will be contaminated from pesticides banned in the United States. These
are but a few of the arguments for and against NAFTA.

What does NAFTA mean

A Free Trade Area is, by definition, an area where all barriers to trade
are lifted. This is not the case with regards to NAFTA at this point.
Currently most of the trade barriers between the United States and Canada are
lifted but those with Mexico have largely been kept in place. This is an
obvious disparity on the part of the Mexican government but is due largely to
the proportional loss of income to the governments in each country. The Gross
Domestic Product per individual in Mexico is one seventh of the other two
countries. Therefore, the loss of revenue would have a major impact on the
daily life of its population and the operation of the government . Never before
has a major economic power like the United ...

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This went into effect on January 1, 1989 and was widely accepted as
a logical course of action. Canada is a highly developed nation and has a lot
in common with the United States. Its per capita income and hourly wages are
equivalent to the U.S. and has long been considered our brother to the north.
Then in 1991, Mexico entered into talks with Canada and the United States that
concluded on 17 December 1992. The treaty was ratified and came into effect on
1 January 1994. The treaty called for the elimination of all tariffs between
the three nations over a ten year time span. Some of these tariffs are listed
below.

Mexico's turmoil since NAFTA

The political turmoil in Mexico has ...

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