Brazil and a Free Trade Area of the Americas
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The paper examines the potential impact of a Free Trade Area of the Americas (FTAA) agreement with Brazil by looking more closely at the impact of NAFTA upon Mexico. In particular, the paper looks at worker conditions in Mexico, the heavy reliance of Mexico upon maquiladoras and the US economy, the disruptive impact of free trade upon many of Mexico's prime industries (chiefly agriculture) and the implications of free trade for the long-term viability of Mexico's present education system. The paper also explores what the free trade environment has meant for Mexico's fragile ecology.
From the Paper:"To start with, it need hardly be said that many first-world countries (of which there is none richer than the United States) trumpet the economic benefits to be derived from open trade between nations. At the same time, opponents of free trade in the developing world decry proposals such as the FTAA as being socially negative and as a means by which first-world, Western nations can consolidate an asymmetric power relationship between themselves and poorer countries. Naturally enough, such opponents also fear the mass-exploitation of natural resources and the implementation of regulatory "red tape" which will constrain internal growth and hobble the ability of languishing nations to join the first rank of economic powers. As one might expect, Mexico is a nation which often springs to mind whenever one contemplates the prospective economic impact of an FTAA arrangement upon Brazil insofar as both nations are relatively resource rich, possess abundant labor pools coveted by foreign multinationals, and have considerable (albeit predominantly latent) intellectual capital which can serve as a boon to themselves and to the outside world if channeled properly. However, the North American Free Trade Agreement has not been kind to Mexico despite its many promising opportunities."
Sample of Sources Used:
- Andere, Eduardo M. (2006). Education in the US-Mexico relationship. Retrieved August 12, 2006 from <http://www.wilsoncenter.org/topics/pubs/Education%20cooperation%20July%2020%2005.doc>
- Elliott, R. (2000). U.S. Files WTO complaints against Brazil over requirement for "local working" of patents. Canadian HIV/AIDS Policy Law Review, 5(4): 28.
- Gamper-Rabindran, Shanti. (2006). NAFTA and the environment: What can the data tell us? Economic Development & Cultural Change, 54(3): 605-633.
- If not for NAFTA, when? (2000, October 28). Economist, 357(8194): 7-9.
- La Botz, D. (1994). Manufacturing poverty: the maquiladorization of Mexico. International Journal of Health Services, 24(3): 403-08.
Cite this Research Paper:
Brazil and a Free Trade Area of the Americas (2007, November 02) Retrieved March 06, 2021, from https://www.academon.com/research-paper/brazil-and-a-free-trade-area-of-the-americas-99252/
"Brazil and a Free Trade Area of the Americas" 02 November 2007. Web. 06 March. 2021. <https://www.academon.com/research-paper/brazil-and-a-free-trade-area-of-the-americas-99252/>