NAFTA

The Impact of NAFTA in the U.S. and Mexico The North American Free Trade Agreement, often referred to as NAFTA, is an agreement between the U.S., Canada and Mexico. The purpose of NAFTA is to reduce and eventually erase trade barriers, which would make it easier for the three countries to import and export goods and services more freely between each other. NAFTA had started as an agreement between the United States and …

…Though many observations have been made. In summary these observations are that the net gains for the U.S. has been very small, NAFTA has had little effect on what was already transpiring between the U.S and Mexico, that is the increased trade between the two. Also, agreements such as NAFTA have proved to enhance political relations between the countries. It seems the real losers in regional trade agreements are non-members of the agreement.