NAFTA and Globalization Term Paper by Top Papers

NAFTA and Globalization
Two essays on the impact of NAFTA on Canada and Canada's position in the global economy.
# 134131 | 2,750 words | 3 sources | MLA | 2007 | US

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The first essay considers the impact upon Canada of the North American Free Trade Agreement--specifically the consequences upon working people in terms of wages, unemployment rates and standard of living. The essay finds that NAFTA has had no positive consequence for the majority of Canada's population. The second essay considers Canada's relative position in the global economy, especially with respect to large industrialized nations such as the U.S. and emerging economies in East Asia, such as China and India. The essay finds that Canada is not well placed to compete in the new global economy.

From the Paper:

"Much has been said about the positive effects of the North American Free Trade Agreement for all of the countries involved, during the time since its original inception. The benefits to trade have been especially lauded, as have other, perhaps originally unintended effects, such as the increased security of borders between the North American partner countries in a time of concern about terrorism. The agreement has also had its critics, however, in Canada, the U.S. and Mexico--critics who argue that the perceived benefits of NAFTA are far outweighed by its costs. Interestingly, critics in each of the countries involved find arguments to..."

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