1. North American Free Trade Agreement
NAFTA
North American Free Trade Agreement

2. Who? Mexico, Canada and the United States

3. What?
An agreement designed to increase trade by doing away with tariffs and duties (taxes on foreign goods)

4. When? Since January 1st, 1994 (during Bill Clinton’s presidency)

5. Why?
To increase economic activity in North America and make the
three countries
each other’s biggest trade partners

6. Talk with your partner about possible positives and negatives
Pros and Cons?
Talk with your partner about possible positives and negatives

7. Pros and Cons Easier to trade Wage increases Manufacturing in Mexico
Jobs created
Mexico’s wages still lower
Factories relocated to Mexico
Hurt Mexico’s farmers
Some parts not enforced (pollution and labor rights)

9. On your own:
1. Explain what NAFTA is (one paragraph)
2. Is it mostly positive or negative?
(one paragraph)
3.What could be done to
improve it? (one paragraph)
Explain your ideas in as much detail as possible. Due Tuesday, 9/1