Posted on Mar 09, 2008 at 21:32
NAFTA - Pros and Cons...
| Pros | Cons | |
| 1. | Jobs and factories have been shipped to Mexico, but supplier is not shipped. In order words, US manufacturer continue to purchase from their supplier in US. Unlike jobs and factories exported to China, US suppliers connection are cut too. | Factories are relocated, and jobs are cut. |
| 2. | Mexican benefit from this trade, since more jobs are created for low income mexicans people, and help build the Mexican economy. | The opposite effect is that Americans are losing their jobs, increase US trade deficit. |
| 3. | NAFTA brought in a flood of foreign investment and contributed to a 24% rise in Mexico's per capita income. | The pact has destroyed Mexico's small farmers, and bringing in an influx of subsidized U.S. food imports |
| 4. | Its mission is to increase number of mexican jobs, increase standard of living, and thereby decrease the illegal mexican immigrants entering US | Data have shown Nafta is ineffective in stemming the tide of illegal Mexican immigrants entering the US to find jobs. |
| 5. | US companies near the border are gaining postive results from NAFTA | US companiese away from the border are gaining negative results from NAFTA, notably jobs |
| 6. | NAFTA'S goal is to reduce tariffs among Mexico, Canada, and the United States over a period of years, making it easier to trade goods across national borders, and increasing economic efficiency in North America. It clearly deserve the strong support of all those who believe in liberty and free markets. | Environment is seriously jeproardized as pollution will increase |
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