NAFTA In January 1994, Canada, the United States and Mexico launched the North American Free Trade Agreement (NAFTA)

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NAFTA NAFTA In January 1994, Canada, the United States and Mexico launched the North American Free Trade Agreement (NAFTA) and formed the world's largest free trade area. Designed to foster increased trade and investment among the partners, the NAFTA contains an ambitious schedule for tariff elimination and reduction of non-tariff barriers, as well as comprehensive provisions on the conduct of business in the free trade area. These include disciplines on the regulation of investment services and intellectual property. It also includes provisions for ethical standards. We will also discuss several different views as to the benefits as well as some negative effects of the agreement. Before NAFTA was established, investing in Mexico was a difficult process. Investors needed the Mexican Government's approval ...

... treatment and unsafe conditions for Mexican workers. In our opinion, the benefits definitely outweigh the negative effects in the long run. Improved economies will raise the standard of living and promote better overall economic growth in all of North America. Conclusion NAFTA was designed to foster increased trade and investment among the partners. It also provides for increased ethical standards throughout the agreement. While there are several possible negative effects of the treaties provisions, we believe that its benefits out weigh the problems. The provisions of NAFTA set the stage for a society where employees, intellectual property and the environment are respected; trade is enhanced; and business profits rise. References Ball, D. A., McCulloch, W. H., Jr.,

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