The Pros and Cons of NAFTA Essay -- The North American Free Trade Ag

IntroductionThe North American poverty-stricken alternate Agreement, commonly known as the NAFTA, is a mountain bargain between the United States, Canada and Mexico launched to enable North America to become much competitive in the global marketplace (Amadeo, 2011). The NAFTA is regarded as one of the intimately successful trade agreements in history for its impact on increases in agricultural trade and investment among the triple contracting nations (North American uncaring slew Agreement, 2011). Supporters and opponents of the NAFTA have argued the effects of the agreement on participating nations since its source yet, close examination proves that NAFTA has had a relatively positive impact on the economies of the United States, Canada, and Mexico. Although the NAFTA is not without problems, the trade agreement has leveled the playing field for the three participating nations and increased cross-border trade, positively contributing to globalization. The success or berea vement of the NAFTA impacts level of employment, the economy, and the environment of the three contracting nations. With the implementation of trade agreements such as the NAFTA, the world has become more interconnected, and citizens must be apprised of the affects such trade agreements have on their living standards and job security. Features of the NAFTAThe NAFTA was apply on January 1, 1994 to remove tariff trade barriers between the United States, Canada, and Mexico by providing duty-free trade in multiple classes of goods (Barufaldi, 2008). The NAFTA creates a free trade area where all barriers to trade between member countries are removed. many an(prenominal) of the tariffs affecting agricultural trade among the participating nations were eliminated at the inception of the agreeme... ...ttp//www.ustr.gov/sites/ default option/files/NAFTA-Myth-versus-Fact.pdfNorth American foreswear Trade Agreement (NAFTA). (n.d.). USDA international Agricultural Service(FAS). Retrieved September 15, 2011, fromhttp//www.fas.usda.gov/itp/policy/nafta/nafta.aspNorth American Free Trade Agreement (NAFTA). (n.d.). Public Citizen. Retrieved September16, 2011, from http//www.citizen.org/Page.aspx?pid=531 Teslik, L. H. (2009, July 7). NAFTAs Economic Impact. Council on Foreign Relations.Retrieved September 13, 2011, from www.cfr.org/economics/naftas-economic-impact/p15790 USTR- North American Free Trade Agreement (NAFTA) Office of the United States TradeRepresentative. (n.d.). (2011). Office of the United States Trade Representative. Retrieved September 16, 2011, from http//www.ustr.gov/trade-agreements/free-trade-agreements/north-american-free-trade-agreement-nafta