2.  They wanted to:  Eliminate barriers to trade  Promote fair competition  Increase investment opportunities  Create resolutions for trade disputes

3.  Ratified in 1993  House:234-200, November 17  Senate:60-38, November 20  Signed into law by Clinton  December 8, 1993

4.  Reduced trading costs  Increased business investments  Helped North America be competitive  Tariffs were eliminated  Trade tripled  $297 billion to $1 trillion

5.  Creates middle-class jobs  Less expensive material  Lower cost to make goods  Increases sales & profits  Helps poorer countries.

6.  more U.S. jobs lost  higher-wage jobs lost  Many agreements are bad for U.S. ◦ Ex) 700,000- 6,000  rising income inequality

7.  Workers being exploited & harmed.  Environment in other countries is defiled  Corporate profits soar  Individual wages stay same

8.  Canada $339.5 billion  Mexico $215.9 billion  Largest & third largest suppliers  U.S. imports totaled $555.4 billion

9.  Canada $261.2 billion  Mexico $151.2 billion  Top two purchasers  U.S. exports totaled $412.4 billion

10.  Canadian employment levels have also shown steady gains.  Canada gained the most from NAFTA  Canada exports totaled $381.3 Billion Dollars