Question

The north american free trade agreement (nafta) is a trade agreement between the united states, canada, and mexico that took effect in 1994. it eliminated many tariffs and restrictions to allow free trade among these countries. discuss the positive and negative effects of the north american free trade agreement on the united states. support your conclusions with examples and evidence from the lesson.

Answer 1

The positive influence of NAFTA are:

• Boast trade.
• Increase in economic output.
• More participation in foreign investment. etc.

What is the agreement about?

Others are:

Negative effect are:

• U.S. jobs lost due to domestic manufacturers moving to lower-waged area of Mexico.
• Suppressed wages in terms of U.S. manufacturing plants.

Note that the North American Free Trade Agreement (NAFTA) was known to have started off  in 1994 to increase or bring about a boast in trade that took place between the U.S., Mexico, and Canada.

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