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Published byAudra Nash Modified over 8 years ago
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Export processing zone: a zone offering favorable tax, labor, and lax regulation to entice foreign corporations.
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Special economic zones
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Shenzhen, China before
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Shenzhen, China after
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Islands of development such as Shenzhen create unequal wealth.
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Maquiladora
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NAFTA removes trade barriers such as tariffs between Mexico, US, and Canada, if effect making Mexico one large Maquiladora.
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What are some differences between NAFTA and EU?
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Trade has grown since NAFTA
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Analyze benefits and costs to both Mexico and US as a result of NAFTA.
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Although the Union Carbide factory in Bhopal has long since shuttered, the site has not been properly cleaned or dismantled; toxic chemicals continue to leak into the population’s water supply. The Indian government estimates that the Bhopal disaster has been responsible for as many as 15,000 deaths to date.
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