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Nafta


            
            
             What is the North American Free Trade Agreement?.
             In January of 1994 the United States, Canada, and Mexico entered into what is called NAFTA .
             (North American Free Treade Agreement.) creating the largest and richest regional trade .
             agreement ever negotiated by the United States. NAFTA is scheduled to be fully implemented .
             by the year 2008. Within a two year time period, 1994-1996, the United States two-way .
             trade in goods under the NAFTA with Canada and Mexico stood at $420 billion: a 44% .
             increase since the NAFTA was signed.(1).
             The key goals for NAFTA are as follows:.
             1) To reduce barriers to trade.
             2) To increase cooperation for improving working conditions in North America.
             3) To create and expand safe markets for goods and services produced in North.
             America.
             4) To extablish clear and mutually advantageous trade rules.
             5) To help develop and expand world trade and provide a broader International.
             Cooperation in trading.
             To answer the question "What is in it for the consumer?" the answer would be "NEED". .
             Consumers are impacted each day by the NAFTA. They purchase items they need or want. .
             These are the same goods and services that cross our international borders on a daily basis. .
             With NAFTA an open market or (free trade) is created where goods or services can move .
             threw the markets without any restricitons. In addition to eliminating the tariffs from the market .
             NAFTA also seeks to make trade less expensive by deregulating the registration and some of.
             the labeling to products within the group. Movement of goods will be accelerated by.
             elimanation of quotas on goods or services. The benefits of free trade results in greater choices.
             in goods and services. It also gives way to lower prices and better quality due to competition.
             among the member nations. NAFTA also provides for better health and safety standards. On.
             most items, to protect the consumer, there are comments stating how safe the product is and.


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