NAFTA
The North American Free Trade Agreement became a regional trade agreement between the three governments of Canada, United States, and Mexico in 1993. However, the first adaptation of this type of agreement came as the 1979 Trade Act, which also talked about the beginning of a trade embargo. During the eighties, the Mexican Government had many problems that the United States did not want to get into such as debts and precluded trade liberalization. Instead of dealing with Mexico, the US went north to Canada to setup the FTA (Free Trade Agreement). About a year later, NAFTA was approved on November of 1993, and became completely active on January 1, 1994. The Clinton Administration proposed expanding NAFTA to whole of Latin America as the FTAA, the Free Trade Area of the Americas.
According to some research, since Fast Track has been involved with NAFTA, hundreds and thousands of US workers lost their jobs. In Mexico, the poverty line which was supposed to go down, sadly, have gone up. Canada’s workers wages have fallen below US standards. As it stands, Fast Track would aid powerful corporations searching the globe for cheap labor. This would effectively lower standards globally for workers rights, public health, consumers and the environment. In order to promote the AFL-CIO’s views about the trade expansion, the organization has done a grassroots campaign, newspapers ads, and television ads to influence the public and congress to vote “no” to such a proposal. Now many people do not agree with Fast Track for many reasons. Some say that by limiting public demand and constricti
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Approximate Word count = 548
Approximate Pages = 2 (250 words per page double spaced)
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