Political Issues: NAFA

Summary

The North American Free Trade Agreement or NAFTA is an agreement signed by the governments of the United States, Canada, and Mexico creating a trilateral trade bloc in North America. The agreement came into force on January 1, 1994. It superseded the Canada United States Free Trade Agreement between the U.S. and Canada. In terms of combined purchasing power parity GDP of its members, as of 2007 the trade block is the largest in the world and second largest by nominal GDP comparison.

The North American Free Trade Agreement (NAFTA) has two supplements, the North American Agreement on Environmental Cooperation (NAAEC) and the North American Agreement on Labor Cooperation (NAALC).

North American Free Trade Agreement (NAFTA)
https://ustr.gov/trade-agreements/free-trade-agreements/north-american-free-trade-agreement-nafta
U.S. exports to Canada and Mexico support more than three million American jobs and U.S. trade with NAFTA partners has unlocked opportunity for millions of Americans by supporting Made-in-America jobs and exports. As the United States two largest export markets, Canada and Mexico buy more Made-in-America goods and services than any other countries in the world. Since NAFTAs implementation, U.S. states like Illinois, Ohio, Michigan, and many others have seen a surge in exports across North American borders.

North American Free Trade Agreement (NAFTA)
http://www.citizen.org/nafta
Public Citizen NAFTA was a radical experiment never before had a merger of three nations with such radically different levels of development been attempted. Plus, until NAFTA, “trade” agreements only dealt with cutting tariffs and lifting quotas to set the terms of trade in goods between countries.

Important NAFTA Related Issues

NAFTA – Despite its name, the primary purpose of the North American Free Trade Agreement (NAFTA) was not to facilitate trade among separate sovereign societies. …

External Links to NAFTA Issues

NAFTA – … Under NAFTA, 2016 Limited Edition trade between the U.S., Canada and Mexico has tripled, reaching US$946.1 billion in 2008…

References

http://en.wikipedia.org/wiki/North_American_Free_Trade_Agreement