1. NAFTA
... process. Investors needed the Mexican Government's approval and were also required to meet specific investment guidelines. These requirements necessitated investors to export a set level of goods and services, utilize domestic goods and services, and transfer technology to competitors. Under NAFTA, investors no longer need government approval to invest and are treated as domestic investors. NAFTA has ... grew 4.5 percent and economists predict that it will grow an additional 2.5 percent in '99. Free trade under NAFTA has also encouraged international specialization, the production of on...
- Word Count: 3714
- Approx Pages: 15
- Grade Level: Undergraduate