NAFTA
BY: JON BUSCAINO, LUCIO SANSEVERINO, AND
ROBIN LJUNGVIKEN
WHAT IS NAFTA?..
Canada-United States Free Trade Agreement
North American Free Trade
Agreement
Purchasing Power Parity (PPP)
GOALS OF NAFTA
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•
•
•
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Eliminate
Revome
Abolish
Applicate
Create
PRO’S AND CON’S
• World’s largest..
• Links millions of people and produces
• Economy booster
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• Job loss
• Deficit increase
• Unbalance in import/export
WHAT HAPPENED?
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•
•
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Production in the U.S.
Employment Rate
Exports
Fruit of the Loom
• Six plant closings
• Job layoff’s..
• why??
DIFFERENT LOOK
• Helpful for the U.S.
• Consumer benefit
• Price comparison
• Economy in other ways..
• Yarn makers
• Increase exports in that field
CONCLUSION
Reason for migration…
• Lower barriers
• Advantage = Mexico
Pro’s & Con’s…
In the end, the advocates say…