NAFTA
NAFTA: the North American Free Trade Agreement
I was amazed to find out, when I started researching and writing this term paper, that not too many people know what the NAFTA agreement is, or even what it is about, so through writing this paper, I sought to educate myself, and hopefully a few other people about what NAFTA really is all about!
So what is NAFTA
NAFTA is a trade agreement signed in November 1993 between the United States, Canada, and Mexico. It helps to establish free-trade guidelines between the three countries. NAFTA will soon grow to include 8 more American countries: Argentina, Brazil, Chile, Colombia, Paraguay, Peru, Uruguay, and Venezuela.
The goals of NAFTA are:
The best listing of what NAFTA is really trying to accomplish is from the authors of the actual document itself. The following is a listing of goals as set forth in the preamble of the NAFTA agreement.
* To strengthen bonds of friendship and cooperation
* As a catalyst to international cooperation
* To create, expand, and secure future markets
* To establish fair rules of trade
* To ensure a predictable framework for business planning
* To enhance firms competitiveness in foreign markets
* To foster creativity and innovation
* To create new employment opportunities
* To
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