The North American Free Trade Agreement

Paper Summary:

This paper discusses the North American Free Trade Agreement (NAFTA), which was was introduced in 1994. It examines how, before and after its introduction, there were many concerns that it would be harmful and not helpful and how, despite these concerns, it was introduced. It looks at how, almost ten years later, it appears that the NAFTA has been a big success. While there are also some negatives, the benefits are so great that the few problems are minor. It considers NAFTA to show where it came from, what it achieves, and what benefits it has provided.

Outline
First Stages of the North American Free Trade Agreement
An Overview of the North American Free Trade Agreement
A Brief History of the North American Free Trade Agreement
The Successes of the North American Free Trade Agreement
Economic Benefits
Manufacturers
Agriculture
Benefits for all Businesses
Global Trading
Environment
Labor
Consumers
Conclusion

From the Paper:

"The NAFTA began in 1990 when President George Bush announced that one of the government's goals was to establish a free trade zone for the Americas. At this time, free trade agreements had been created in other parts of the world for some time. The European Free Trade Association (EFTA) was created in 1960 and had been working on creating a European free trade zone since then. The Association of Southeast Asian Nations (ASEAN) was created in 1967 and had been working on creating free trade zones across Asia since then. In 1990, this was giving European and Asian countries an advantage that America did not have. This resulted in Bush's plan to create a North American trade zone."

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