... that competition brings about greater diversity and higher quality goods and services at lower prices. NAFTA has been associated with two main positive benefits. First, there has been increased economic efficiency in several quarters; NAFTA has led to a considerable net creation of trade opportunities for all countries involved, tariff elimination has translated into lower commodity prices for the ... correlation between foreign investment in the sector and productivity. There is also a similar link between the trade opening and productivity. An analysis by Ito (2011) that aimed to disti...

• Word Count: 3175
• Approx Pages: 13
• Has Bibliography
• Grade Level: High School