An examination of the goals and achievements of the North American Free Trade Agreement (NAFTA) for the textile and apparel industry in the US, Canada and Mexico.
Written in 2009; 1,297 words; 5 sources; APA; $ 43.95
Paper Summary:
This paper discusses the impact of the North American Free Trade Agreement (NAFTA) on the textile and apparel industry. The paper discusses the goals of the NAFTA agreement and it looks at the numerous positive and negative implications of the agreement on various industries and sectors, including textile and apparel. The paper concludes that, overall, the agreement supported the development of the textile and apparel industry in the US, Canada and Mexico. The paper contains graphs.
Table of Contents:
Introduction to NAFTA
NAFTA's Effects on the Textile and Apparel Industry
Conclusions
From the Paper:
"Another major impact of NAFTA upon the textile and apparel industry was that it allowed American manufacturers to move their plants to Mexico. Here, they found cheap labor force and reduced governmental restrictions. The American companies established maquilas, or factories generally located near the border line. These factories mainly employed young women and paid them less than minimum wage. But regardless of the poor working conditions in these maquilas, fact remains that the industry grew and more jobs were created for the Mexicans. From this particular instance, the situation of the American workers in the textile industry was becoming critical. They began to lose their jobs as they were being replaced with cheaper workforce. As such, a paradox was created in which the U.S. textile and apparel industry was flourishing, but its workers were out of jobs and forced to re-specialize in different fields."
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