• Nafta Canadas Mexico's Viewpoints
    3,828 words
    NAFTA: Canada's & Mexico's Viewpoints When the Canada/U. S. free trade agreement came into effect, the Mexican's were very impressed by the provision and opportunities that opened for both sides. Mexico then approached the U. S. , seeking to form a similar agreement with them. This brought forth a new issue in Canada, should they let Mexico and the U. S. form an agreement without them? Or should they participate, thus transforming their deal with the U. S. into a trilateral agreement including ...
  • Nafta And Mexico Free Trade
    3,076 words
    Mexico's economy is undergoing a stunning transformation. Seven years after the launch of the North American Free Trade Agreement, it is fast becoming an industrial power. Free trade with the U. S. and Canada is turning the country from a mere assembler of cheap, low-quality goods into a reliable exporter of sophisticated products from auto breaks to laptops computers. Although Mexico has seen economic growth lately, it still faces tremendous problems in the aftermath of the 1995 recession and ...
  • Nafta United States
    2,654 words
    On January 1, 1994, Canada, Mexico and the United States passed the North American Free Trade Agreement (NAFTA). Promoted to Congress by the Clinton administration, with the assurance that it would give rise to more jobs - exactly how many though, is not precisely known. Yet, according to the Journal of Commerce, the U. S. went from having a $5. 5 billion trade surplus with Mexico before NAFTA, to having a massive $16 billion trade deficit today. At the same time, it is estimated that 400, 000 ...
  • General Agreement On Tariffs And Trade
    4,230 words
    ELECTRONIC COMMERCE Washington in duty-free move The US is seeking to extend the duty-free status of international online transactions to protect the development of global electronic commerce, the Clinton administration said yesterday. Susan Esserman, deputy US trade representative, said the US wanted the World Trade Organization to agree "at the earliest possible date" to extend the current moratorium on customs duties for electronic trade. In testimony to the Senate foreign relations sub-commi...
  • North American Free Trade Agreement
    1,958 words
    The North American Free Trade Agreement In January 1994 the United States, Mexico and Canada entered into the North American Free Trade Agreement (NAFTA) and created the largest free trade sector and the richest market in the world. Over 410 million consumers are able to take advantage of the benefits of this treaty (de B lij, Muller 186). In 1995 Chile was added to the treaty and will become a full-fledged member early in the next century. The North American Free Trade Agreement is unique becau...
  • The North American Free Trade Agreement
    2,048 words
    The North American Free Trade Agreement Since the birth of this great nation in 1776, the United States has remained a dominant world power in many aspects. The American standard of living has been the envy of the world, powered by an economy rivaled by nearly no one. Our economy continues to be the rock with which the global economy can lean on, as evidenced by nations that rely on huge reserves of the dollar because of its stability as a means of settling international debts. Unfortunatly, des...
  • Mexico United States
    1,483 words
    Why should I invest in Mexico? Mexico has established itself as one of the biggest emerging markets in the world today. It has exhibited many of the signs of a high growth economy, offering several advantages to prospective investors. Some highlights of the Mexican economy include single-digit inflation, a balanced public budget, real economic growth (presently at a rate of 12 percent), a deregulated economy and a favorable investment climate etc. Mexico also possesses a strategic geographic loc...
  • International Trade Countries Free Agreement
    866 words
    International Trade What is International Trade? International trade is defined as trade between two or more partners from different countries in the exchange of goods and services. In order to understand International trade, we need to first know and understand what trade is, which is the buying and selling of products between different countries. International Trade simply globalization the world and enable countries to obtain products and services from other countries effortlessly and expedie...
  • Nafta North America
    3,774 words
    NAFTA The North America market is one of the richest in the world. Measured in terms of GDP, it is the equivalent of Western Europe. But with a somewhat smaller population, GDP per capita in North America, Canada, Mexico and the U. S. , is around 12 percent higher than in Western Europe. The North American Free Trade Agreement (NAFTA), which came into effect January 1, 1994, sets out the schedule for tariff elimination for members... As a small country, Canada has always been careful in it's de...
  • Nafta North American Free Trade Agreement
    2,548 words
    FREE TRADE, ENVIRONMENT AND DEVELOPMENT COOPERATION BETWEEN THE UNITED STATES, CANADA AND MEXICO: RESEARCH INTO THE NORTH AMERICAN FREE TRADE AGREEMENT INTRODUCTION In January 1994 the United States, Mexico and Canada entered into the North American Free Trade Agreement (NAFTA) and created the largest free trade sector and the richest market in the world. The treaty was said to benefit over 400 million consumers all over the world. Chile was even recently added to the treaty in 1995 and will bec...
  • Political Commentary Not American Free Trade Agreement
    2,297 words
    On January 1, of 1994 a new approach to trade amongst North American countries took effect. With the aid of the United States Congress, President Bill Clinton was able to form a contract between The North American Countries of Canada, Mexico, and The United States of America. This contract, known as the North American Free Trade Agreement (or Nafta for short) was designed with many economic results in mind. Hopes were that not only would trade be easier, cheaper, and more abundant for all countr...
  • Nafta Integrating Mexico Or Exploiting It
    1,877 words
    When the Soviet Union collapsed and the Cold War finally rolled over, the United States emerged the victor. And with it, the notions of democracy, capitalism and constitutional law achieved hegemony on a global scale. The nation-building siege perpetrated by two battling superpowers was, at least on a superficial ideological level, a showdown between totalitarian communism and electoral democracy. So an American victory implied to many a validation of all those values for which the Cold War had ...