NAFTA

Paper Summary:

This paper discusses the overall foundation support for NAFTA within the three signatory countries of the US, Mexico and Canada, with an emphasis on the US and Mexico. It tries to prove that NAFTA was not the drain on jobs, industry and trade that it was thought that it might be. The paper mentions the the trade benefits that Additionally, NAFTA has facilitated.

From the Paper:

"NAFTA has taken on somewhat mythical proportions in the minds of its proponents and detractors alike. NAFTA seemed to strike an emotional chord with the three original countries involved but primarily struck a dissonant tone with the U.S. and Mexico. To its detractors NAFTA offered a convenient scapegoat for all of the economic woes since its inception in January 1994, and to its proponents it has been responsible for most of the economic growth periods of the last 10 years. However, to all parties, NAFTA became so much the focus of all the individual country agendas that even in popular jargon it was referred to as exhibiting the fly-paper syndrome--that is, "...throw any criticism at NAFTA and it sticks...When the toilets stopped working in their office recently, they were sure NAFTA was to blame" (Dunne, Fidler & Waldmeir, 1997, para.1). Yet, beyond all the hype, ..."

More papers on NAFTA:

• Analytical Essay # 129850 : "The Effect of NAFTA on US Jobs"
• Research Paper # 89982 : "Effects of NAFTA on Mexico"
• Essay # 83641 : "The North American Free Trade Agreement (NAFTA)"

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