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Has NAFTA been good for Canada
The North American Free Trade Agreement [NAFTA] signed into law in 1993 between the United States, Canada and Mexico has had limited benefits for the Canadian economy. The new law authorized for a free trade zone between the three North American countries. Many Canadians do not believe that NAFTA has provided some of the benefits Politicians promised; in fact Canada has lost some jobs to Mexico. While Canadian exports to the United States have increased under NAFTA, the Canadian dollar has plummeted in kind, making such increases in Canadian foreign trade less meaningful. This paper explored these and other areas where many Canadians hold concerns over NAFTA partnership. Data and other statistics were used to support the thesis stated here. [12 Pages, 10 Sources]
