1. NAFTA

2. NAFTA
N- North
A-American
F-Free
T-Trade
A-Agreement

3. What is NAFTA?
Is an agreement signed by the governments of Canada, Mexico, and the United States
Jan 1st, 1994
Eliminated all tariffs and trade restrictions between 3 nations
Create free-trade bloc among 3 largest countries of North America

4. What is NAFTA? Two supplements
North American Agreement on Environmental Cooperation
North American Agreement on Labor Cooperation
Increase economy
Major industries affected were agriculture, automobile, textile, trucking, etc.

5. NAFTA Pros Jobs in Latin American
Large businesses/ rich land owners benefit
Trade increased
Con
Pay is low, jobs far away from home (Latin America)
Doesn’t favor Latin American peoples needs

6. HOMEWORK DUE FRIDAY FEB 22nd!!!!!!!!
What is NATFA and WHY is it so important? Give 3 reasons why and explain.