Economic Impact Of NAFTA In the United States

Abstract: 10 pages in length. The buildup and anticipation that the proposed North American Free Trade Agreement (NAFTA) conjured made it appear as though it would be the saving grace for a drooping United States economy. However, enough time has gone by since the Agreement's implementation to determine that, for the most part, NAFTA has not produced the expected economic impact it was supposed to stimulate. Hit particularly hard has been the labor industry, inasmuch as many American companies have opted to move their manufacturing plants to Mexico in order to take full advantage of cheaper operating costs; as a result, American workers are being kept from seeking better wages, since the company can decide at any moment to move the plant south of the border for significantly less money. The writer discusses NAFTA's impact upon the United States economy. Bibliography lists 9 sources.

Filename: TLCnaft2.wps

Pages: 10

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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