NAFTA and Its Weaknesses Argumentative Essay by Quality Writers

NAFTA and Its Weaknesses
A discussion of the weaknesses of the North American Free Trade Agreement (NAFTA).
# 102947 | 1,685 words | 8 sources | MLA | 2008 | US


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Description:

This paper takes a look at the positive and negative effects the North American Free Trade Agreement (NAFTA) has had in Canada, the United States and Mexico. The paper asserts that NAFTA has taken on somewhat mythical proportions in the minds of its proponents and detractors alike. It holds that NAFTA has primarily struck a dissonant tone with the U.S. and Mexico, while Canada largely accepted its utility. 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. Yet, beyond all the hype, rhetoric, and ideology superficially imposed on it, NAFTA was a dynamic process that required monumental negotiation commitment on the part of the signatories and certainly on the part of Canada as the smallest market.
The paper concludes that, although NAFTA comes with its negative attributes, it has largely proven a boon to the Canadian economy and the country would be ill-advised to withdraw from the treaty.

Outline:
History & Description
NAFTA Weaknesses & Failure
Benefits & Cost Outcomes
Conclusion

From the Paper:

"While NAFTA has been somewhat contentious since before its inception, the economic results of the agreement have proven largely inline with the positive projections associated with NAFTA by its designers and supporters. In fact, the increasing reliance on free-trade agreements which essentially become a 5th column in a country's foreign policy mechanism, NAFTA has become not just an economic success but a political template for further free-trade agreements across the globe. Some researchers have pointed out that NAFTA was ground-breaking both for its visionary approach to expanded trade relationships and for its unique integration into the signatory countries' sovereignty."

Sample of Sources Used:

  • Berube, Gerard. "A Year of Drama." CA Magazine, 139/10(2006): 8.
  • Campbell, Bruce and David Macdonald. "Straight Talk." Behind the Numbers: Economic Facts, Figures and Analysis, 5/2(2003):1.
  • "Canada Backs off From Demand for Full Support of Lumber Pact." Pacific Shipper, 81/27(2006): 25.
  • Dunne, N., Fidler S., and Waldmeir, P. "Clinton battles NAFTA's 'Flypaper Syndrome'. Financial Post 1 Jul(1997): 6.
  • Fry, E. H., & Bybee, J. "NAFTA 2002: A cost/benefit analysis for the United States, Canada, and Mexico." Canadian-American Public Policy, (2002): 1+.

Cite this Argumentative Essay:

APA Format

NAFTA and Its Weaknesses (2008, April 07) Retrieved April 20, 2024, from https://www.academon.com/argumentative-essay/nafta-and-its-weaknesses-102947/

MLA Format

"NAFTA and Its Weaknesses" 07 April 2008. Web. 20 April. 2024. <https://www.academon.com/argumentative-essay/nafta-and-its-weaknesses-102947/>

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