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The Future of the North American Free Trade Agreement

The Future of the North American Free Trade Agreement
Author: Subcommittee on Terrorism, Nonproliferation, and Trade of the Committee on Foreign Affairs House of
Publisher: Createspace Independent Publishing Platform
Total Pages: 66
Release: 2018-01-29
Genre:
ISBN: 9781984290922

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Twenty-three years ago, the North American Free Trade Agreement revolutionized trade and investment between the U.S., Canada, and Mexico. We share thousands of miles of border with Canada and Mexico. They are our neighbors and our natural partners in trade and security. America's strength is closely connected to its economic well-being. When we break down trade barriers, American trade and American jobs increase. Trade is the lifeblood of [the] State of Texas. Last year in Texas, almost 1 million jobs were supported by some form of trade. Texas has been the top exporting State in the United States for 14 consecutive years. The overwhelming majority of Texas exporters are not big corporations, but 93 percent of the Texas exporters are small and medium-size businesses. In my district of Houston, over half of the economy depends on trade. Houston has one of the largest ports in the world and is the oil and gas capital of the world. Mexico is Texas' number-one exporting partner. Over 10,000 trucks a day pass the Texas-Mexico border, all involved in trade. Texas is just one of the many States that rely on NAFTA to fuel the economy. Study after study have shown that increased trade leads to increased jobs for all Americans. More jobs mean more wealth for Americans. NAFTA supports 14 million jobs in the United States, and, thanks to NAFTA, trade between the U.S., Mexico, and Canada has tripled. Nearly every industry is affected in one way or another by NAFTA. The U.S. economy relies on NAFTA.


North American Free Trade

North American Free Trade
Author: Nora Claudia Lustig
Publisher: Brookings Institution Press
Total Pages: 287
Release: 2010-12-01
Genre: Political Science
ISBN: 0815718462

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The proposed North American Free Trade Agreement (NAFTA) represents a historic change in relations among Canada, Mexico, and the United States. The effect of the agreement on the three economies has generated controversy and some degree of alarm within each country. In this book, noted trade and development experts review the available literature on the effects of NAFTA on the three member countries and the world trading system. They evaluate how NAFTA will affect areas such as economic growth, employment, income distribution, industry, and agriculture in Canada, Mexico, and the United States; and consider the significance the trade agreement holds for the rest of the world. Drusill K. Brown begins the discussion by providing an overview and comparison of the general results from recent studies. Raúl Hinojosa-Ojeda and Sherman Robinson explore in greater detail the potential effects of NAFTA on wages and employment in Mexico and the United States. Sidney Wintrab reviews industry-specific effects of NAFTA, in particular, the environment, the social agenda, and human rights and democracy. Finally, Carlos Alberto Primo Braga considers the implications of NAFTA on the rest of the world. Following each of these chapters, international scholars assess the alternatives and provide recommendations for future research.


NAFTA at 20

NAFTA at 20
Author: Michael J. Boskin
Publisher: Hoover Institution Press
Total Pages: 185
Release: 2014-10-01
Genre: History
ISBN: 0817918167

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The North American Free Trade Agreement (NAFTA) was bold and controversial from the start. When first conceived, it was far from obvious that it would be possible given the circumstances of the times. Drawing from a December 2013 Hoover Institution conference on "NAFTA at 20," this book brings together distinguished academics who have studied the effects of NAFTA with high-level policy makers to present a comprehensive view of the North American Free Trade Agreement. It looks at the conception, creation, outcomes so far, and the future of NAFTA from the perspective of economists, historians, and the aforementioned policy makers in the words of those who actually participated in the negotiations and research. In the context of the fundamental economic and political transformation of North America, they discuss the trade, real wage, and welfare gains that NAFTA has produced for the United States, Mexico, and Canada, along with a review of the major energy markets within and among the three countries. They include lessons from NAFTA for the future, both for NAFTA itself and for other trade agreements, and stress the importance of political leadership and providing information on the benefits of trade liberalization to voters and potentially ill-informed politicians who hear most loudly from the opponents.


A North American Free Trade Agreement

A North American Free Trade Agreement
Author: Michael Hart
Publisher: IRPP
Total Pages: 164
Release: 1990
Genre: Business & Economics
ISBN: 9780886451141

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This document discusses the challenge from Mexico, the North American trade regime, North American trade and investment patterns, and issues and options for the future. It also examines what is involved in a tripartite agreement.


The Future of North American Integration

The Future of North American Integration
Author: Peter Hakim
Publisher: Rowman & Littlefield
Total Pages: 145
Release: 2004-05-13
Genre: Business & Economics
ISBN: 0815798865

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When it came into force in 1994, the North American Free Trade Agreement (NAFTA) joined the economic futures of Canada, Mexico, and the United States, with systematic rules governing trade and investment, dispute resolution, and economic relations. However, economic integration among the three countries extends considerably beyond trade and investment. The NAFTA agreement takes a very narrow view of integration, barely addressing such vital issues as immigration policy and labor markets, the energy sector, environmental protection, and law enforcement. The governments of Canada, Mexico, and the United States now must confront the question of whether NAFTA is enough. Do they want to keep their trilateral relationship focused on economic matters or are they interested in integrating more deeply—perhaps initiating a process to build a North American Community similar to the European Union? This volume contains thoughtful discussions about the future of North America by knowledgeable experts from each of the three countries. Robert Pastor has written one of the more comprehensive books on the subject, Toward a North American Community (Institute for International Economics, 2001). Andrés Rozental is an ambassador at large for Mexico and president of Consejo Mexicano de Asuntos Internationacionales, the country's leading foreign policy association in Mexico. Perrin Beatty is a former foreign minister of Canada and currently the president and CEO of the Canadian Manufacturers and Exporters. The governments of Canada, the United States, and Mexico face thorny challenges as they decide whether and how to accelerate smooth, and institutionalize the integration process. Pastor, Rozenthal, and Beatty encourage greater dialogue among the three governments and their citizens, as well as more systematic thinking among policymakers and citizens about the promise and challenges of further North American integration. This volume considers the promise and challenges o


Portals of the Future

Portals of the Future
Author: Adalino Cabral
Publisher: Boston : A. Cabral
Total Pages: 62
Release: 1991
Genre: Canada
ISBN:

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