NAFTA
North American Free Trade Agreement
By Hollie Martin
When was it created?





NAFTA was created on January 1st 1994
NAFTA stands for ‘North American Free Trade
Agreement’
The governments of Canada, USA and Mexico form
NAFTA
NAFTA ‘replaced’ the Canada-United States free
trade agreement which was between Canada and
the USA.
In 2007, this trade bloc was the largest in the world
Members



USA, Mexico and Canada (federal government)
Members are chosen from experts
Meetings take place in either the states of Canada
What is its purpose or goals?




The purpose/goals of NAFTA is that it will remove
barriers that are preventing trade and investment
among USA, Canada and Mexico.
NAFTA eliminated all non-tariff barriers to agricultural
trade between the USA and Mexico.
Other tariffs, such as tariffs on qualifying goods, were
eliminated and some were phased out for long periods
of time (5-15 years). Because of this the orderly
adjustment were able to free trade with Mexico.
Improve working conditions in North America
What does this organization do?




NAFTA governs the entire spectrum of North
American trade
http://www.youtube.com/watch?v=soz6ov6xr64
NAFTA provides better tariff treatment (tariffs
weren’t as strict, more trading) for certain products
traded between the USA, Canada and Mexico.
Special treatment means either reduced or
eliminated tariff rates, depending on the product.
How does it promote globalization and
develop interdependence?

NAFTA gave a push towards globalization where
nations share resources where barriers to trade are
eliminated. NAFTA has helped Canada get involved
with the trade industry. NAFTA helped eliminate
tariffs between the USA, Canada and Mexico.
NAFTA increased Mexico’s exports and created
more factory jobs. Mexico’s economy has grown
since joining NAFTA.
What people think of NAFTA
Positive
 ‘NAFTA recognizes the reality of today's economy globalization and technology. Our future is not in
competing at the low-level wage job; it is in creating
high-wage, new technology jobs based on our skills and
our productivity.’ - John F. Kerry
Negative
 “Whereas in 1989, 87 % of the unemployed in
Canada qualified for UI benefits, (as compared to 52
% in the U.S.) by 2001, only 39 % of jobless Canadians
could qualify for coverage.” - Canadian Centre for
Policy Alternatives
Work cited







"North American Free Trade Agreement." Wikipedia, the Free Encyclopedia. Web. 28 Nov. 2010.
<http://en.wikipedia.org/wiki/North_American_Free_Trade_Agreement>.
http://www.bettertrades.net/better-trade-practices/_images/bettertrades-nafta.jpg
"North American Free Trade Agreement (NAFTA) —." USDA Foreign Agricultural Service (FAS). Web. 28 Nov. 2010.
<http://www.fas.usda.gov/itp/policy/nafta/nafta.asp>.
"YouTube - North American Free Trade Agreement "NAFTA"" YouTube - Broadcast Yourself. Web. 28 Nov. 2010.
<http://www.youtube.com/watch?v=soz6ov6xr64>.
"What Is NAFTA?" WiseGEEK: Clear Answers for Common Questions. Web. 28 Nov. 2010. <http://www.wisegeek.com/whatis-nafta.htm>.
"NAFTA - Facts About NAFTA - Tariff." Shipping, Logistics Management and Supply Chain Management from FedEx. Web. 28
Nov. 2010. <http://fedex.com/us/customersupport/ftn/faq/nafta.html>.
"Globalization, NAFTA And Its Effect On Canada Essay." Example Essays.com - Over 100,000 Essays, Term Papers and Book
Reports! Web. 28 Nov. 2010. <http://www.exampleessays.com/viewpaper/98439.html>.

Kowalski, Kathiann M., OpenForDebate Free Trade. New York: Michelle Bisson, 2008. Print

Dobeck, Mark F, and Elliot Euel, Money. USA: Greenwood Press, 2007. Print



"Tariff Elimination." Foreign Affairs and International Trade Canada (DFAIT) | Affaires étrangères Et Commerce International
Canada (MAECI). Web. 28 Nov. 2010. <http://www.international.gc.ca/trade-agreements-accords-commerciaux/agracc/nafta-alena/tariff-accel.aspx?lang=en&menu_id=48&menu=R>.
"Nafta Quotes." Quotes and Quotations at BrainyQuote. Web. 29 Nov. 2010.
<http://www.brainyquote.com/quotes/keywords/nafta.html>.
"Ten Quotes for Ten Years of NAFTA." The Council of Canadians - Le Conseil Des Canadiens. Web. 29 Nov. 2010.
<http://www.canadians.org/trade/issues/NAFTA/ten_years.html>.