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The Failure Of NAFTA
Beginning of essay
When the North American Free Trade Agreement, otherwise known as NAFTA, was passed, an unconstituted and unprecedented experiment in social and economic policy began. For never before had three nations with such unequal economies been so forcibly put together and forced to do business.
NAFTA oppo ....
Middle of essay
....? NAFTA.
In 1993 a vice president of the Mattel Corporation assured a Congressional subcommittee that NAFTA would have a very positive effect on the company’s 2,000 U.S. employees. Two years later 520 workers in Mattel’s Medina, New York plant were laid off. The reason for the lay offs? Increased company imports from Mexico that resulted from NAFTA (Mcintosh 6).
Also in ’93 NAFTA supporters used sophisticated statistical models to prove that the 1.7 billion dollar U.S. trade surplus with Me.... |
| Number of words: 1362 |
Approximate pages: 5 |
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