NAFTA and its Effects for all Parties Involved
Title: NAFTA and its Effects for all Parties Involved
Category: /Business & Economy/Global Economy
Details: Words: 1366 | Pages: 5 (approximately 235 words/page)
NAFTA and its Effects for all Parties Involved
Category: /Business & Economy/Global Economy
Details: Words: 1366 | Pages: 5 (approximately 235 words/page)
In the past decade, the world's business practices have become increasingly globalized.
A main reason for this is increased free trade between nations. Members of the industrialized
world have joined trade alliances with others in close proximity to them. One of the most
important and controversial of these alliances is the North American Free Trade Agreement
(NAFTA), consisting of Canada, the United States, and Mexico, and NAFTA quickly became a
major force in the global
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would end any
concern Canada or Mexico has regarding the value of their individual currency and would also
stabilize the economy of all three participating nations.
Works Cited
Economic Policy Institute. "NAFTA at Seven." April 2001. <www.policyalternatives.ca>
Irwin, Douglas. Free Trade Under Fire. Princeton University, 2001
The United States Trade Representative. "NAFTA at Eight." 2002. <www.ustr.gov>
FTAA Secretariat. "Free Trade Area of the Americas." 13 September 2002.
<www.ftaa-alca.org>