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NAFTA And Its Effects

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On January 1, 1994, Canada, the United States and Mexico entered into the North American Free Trade Agreement. For the first time in history, the three countries agreed to create a single North American marketplace. THE EFFECTS OF THE NORTH AMERICAN FREE TRADE AGREEMENT The North American Free-Tra ....

Middle of essay

....States trade deficit with Mexico has continued to expand. It has increased from $1.26 billion in December of 1998 to $1.43 billion in January of 1999 (Wall Street Journal, 3/19/99). The trade deficit with Mexico has almost doubled in one year, in January of 1998 it was only $0.80 billion and in January of 1999 it has swollen to $1.43 billion (Wall Street Journal, 3/19/99). The U.S. trade deficit with Canada has also increased. The deficit has risen from $2.18 billion in December of 1998 to $....
Number of words: 1125 Approximate pages: 5

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