NAFTA
The North American Free Trade Agreement: Did the ¡§Giant Sucking Sound¡¨ Occur as Predicted? This paper takes the famous quote of Ross Perot that states that the North American Free Trade Agreement, better known as NAFTA, would ¡§create a giant sucking sound¡¨ as it sucked jobs out of the United States. This paper is an investigation into such claims as well as an examination of primarily negative, as well as some positive, effects that NAFTA has had on the United States, Mexico, and Canada. This paper covers the effects of NAFTA on things such as employment, produce, and transportation, as well as many other things concerning NAFTA and whether or not it is beneficial.During the investigation of this paper, it was discovered that the full effects of NAFTA cannot properly be seen for almost another ten years. Because of this, we can conclude that¡Xalthough Perot was correct in saying that jobs would be pulled from the United States, he assumed that this would be a negative effect. This may not be the case. Positive effects can result from these negative effects. The North American Free Trade Agreement: Did the ¡§Giant Sucking Sound¡¨ Occur As Predicted? In 1993, when the North American Free Trade Agreeme
All of these previously mentioned things make Mexico a country that is safe for investors. But, the United States is just as -- if not more, safe for investors, without NAFTA. So why are U.S. companies flocking to Mexico? -- Low wages. Wages are the deciding factor in many countries¡¦ decisions to operate in Mexico rather than in the United States. Another negative effect that NAFTA has had on the United States is the decrease in U.S. highway safety. It has taken years for the United States to agree on and approve laws that help to make their highways safe for people to travel on. Such laws deal with weight limits, driver qualifications, and goods inspections. According to Ross Perot, (Perot, 1999: 3) NAFTA is effectively making ¡§a mockery of these safety standards by opening U.S. roads to trucks and drivers who do not meet U.S. minimum safety standards.¡¨ ƒnƒnƒnƒÜƒnProtect patents and copyrights ƒnƒnƒnƒÜ Establish a way to fairly settle disputes between countries With the increase of foreign companies operating in Mexico, there has been a noticeable increase in the amount of maquiladora factories in existence. Every time another company relocates to Mexico, more people in Mexico are forced to take jobs in which they are treated unfairly.
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Approximate Word count = 3581
Approximate Pages = 14 (250 words per page double spaced)
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