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Author: Mary Jane Bolle
Publisher:
ISBN:
Category : Foreign trade and employment
Languages : en
Pages : 58
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Book Description
Author: Mary Jane Bolle
Publisher:
ISBN:
Category : Foreign trade and employment
Languages : en
Pages : 58
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Book Description
Author: M. Villarreal
Publisher: Createspace Independent Publishing Platform
ISBN: 9781544194172
Category :
Languages : en
Pages : 44
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Book Description
The North American Free Trade Agreement (NAFTA) entered into force on January 1, 1994. The agreement was signed by President George H. W. Bush on December 17, 1992, and approved by Congress on November 20, 1993. The NAFTA Implementation Act was signed into law by President William J. Clinton on December 8, 1993 (P.L. 103-182). The overall economic impact of NAFTA is difficult to measure since trade and investment trends are influenced by numerous other economic variables, such as economic growth, inflation, and currency fluctuations. The agreement likely accelerated and also locked in trade liberalization that was already taking place in Mexico, but many of these changes may have taken place without an agreement. Nevertheless, NAFTA is significant, because it was the most comprehensive free trade agreement (FTA) negotiated at the time and contained several groundbreaking provisions. A legacy of the agreement is that it has served as a template or model for the new generation of FTAs that the United States later negotiated, and it also served as a template for certain provisions in multilateral trade negotiations as part of the Uruguay Round. The 115th Congress faces numerous issues related to NAFTA and international trade. President Donald J. Trump has proposed renegotiating NAFTA, or possibly withdrawing from it. Congress may wish to consider the ramifications of renegotiating or withdrawing from NAFTA and how it may affect the U.S. economy and foreign relations with Mexico and Canada. It may also wish to examine the congressional role in a possible renegotiation, as well as the negotiating positions of Canada and Mexico. Mexico has stated that, if NAFTA is reopened, it may seek to broaden negotiations to include security, counter-narcotics, and transmigration issues. Mexico has also indicated that it may choose to withdraw from the agreement if the negotiations are not favorable to the country. Congress may also wish to address issues related to the U.S. withdrawal from the proposed Trans-Pacific Partnership (TPP) free trade agreement among the United States, Canada, Mexico, and 9 other countries. Some observers contend that the withdrawal from TPP could damage U.S. competitiveness and economic leadership in the region, while others see the withdrawal as a way to prevent lower cost imports and potential job losses. Key provisions in TPP may also be addressed in 'modernizing' or renegotiating NAFTA, a more than two decade-old FTA. NAFTA was controversial when first proposed, mostly because it was the first FTA involving two wealthy, developed countries and a developing country. The political debate surrounding the agreement was divisive with proponents arguing that the agreement would help generate thousands of jobs and reduce income disparity in the region, while opponents warned that the agreement would cause huge job losses in the United States as companies moved production to Mexico to lower costs. In reality, NAFTA did not cause the huge job losses feared by the critics or the large economic gains predicted by supporters. The net overall effect of NAFTA on the U.S. economy appears to have been relatively modest, primarily because trade with Canada and Mexico accounts for a small percentage of U.S. GDP. However, there were worker and firm adjustment costs as the three countries adjusted to more open trade and investment. The rising number of bilateral and regional trade agreements throughout the world and the rising presence of China in Latin America could have implications for U.S. trade policy with its NAFTA partners. Some proponents of open and rules-based trade contend that maintaining NAFTA or deepening economic relations with Canada and Mexico will help promote a common trade agenda with shared values and generate economic growth. Some opponents argue that the agreement has caused worker displacement.
Author: Mary Jane Bolle
Publisher:
ISBN:
Category : Foreign trade and employment
Languages : en
Pages : 30
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Book Description
Author: DIANE Publishing Company
Publisher: DIANE Publishing
ISBN: 9780788125355
Category : Business & Economics
Languages : en
Pages : 290
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Book Description
Examines (1) the overall economic effects of the NAFTA on the economies of the U.S., Mexico, and Canada; (2) the key NAFTA provisions and related legal changes that may affect individual sectors; and (3) the short- and long-term impact of NAFTA on important industrial, energy, agricultural, and service sectors of the U.S. economy. Also summarizes recent economic developments in Mexico. Tables and figures.
Author: United States. Congress. Senate. Committee on Governmental Affairs. Subcommittee on Oversight of Government Management
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 360
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Book Description
Author: Luis Serven
Publisher: World Bank Publications
ISBN: 0821383744
Category : Political Science
Languages : en
Pages : 432
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Book Description
Analyzing the experience of Mexico under the North American Free Trade Agreement (NAFTA), 'Lessons from NAFTA' aims to provide guidance to Latin American and Caribbean countries considering free trade agreements with the United States. The authors conclude that the treaty raised external trade and foreign investment inflows and had a modest effect on Mexico's average income per person. It is likely that the treaty also helped achieve a modest reduction in poverty and an improvement in job quality. This book will be of interest to scholars and policymakers interested in international trade and development.
Author: DIANE Publishing Company
Publisher: DIANE Publishing
ISBN: 9780788102325
Category : Business & Economics
Languages : en
Pages : 446
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Book Description
Examines worker dislocation and immigration effects of NAFTA. Includes recommendations on: worker adjustment assistance programs that address the adverse employment effects of NAFTA, and migrant and seasonal farmworker programs that address the short-term increases in Mexican immigration that are likely to result from NAFTA. Charts, tables and graphs.
Author:
Publisher:
ISBN:
Category : International trade
Languages : en
Pages : 314
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Book Description
Author: United States. National Commission for Employment Policy
Publisher:
ISBN:
Category : Foreign trade and employment
Languages : en
Pages : 442
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Book Description
Scottish psychiatrist R.D. Laing gained a reputation in the late 60's for his radical objection to conventional psychiatry. After 35 years of professional pracice, he agreed to be videotaped in public lectures and private conversations.
Author: C. V. Anderson
Publisher: Hauppauge, NY : Nova Science Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 234
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Book Description
The North American Free Trade Agreement (NAFTA) significantly affects industry and the economy in the United States, Canada and Mexico. The agreement not only affects trade but the environment, and labour unions among other things. This new book discusses the latest economic effects of NAFTA and how it has impacted the lives of workers in North America. Preface: NAFTA; NAFTA: Economic Effects on the United States After Five Years; NAFTA: Estimated U.S A Bibliography; NAFTA Labour Side Agreement: Lessons for the Worker Rights and Fast-Track Debate; NAFTA: Estimates of Job Effect and Industry Trade Trends After 4 Years; Adjustment Assistance for Workers Dislocated by the North American Free Trade Agreement; CBI-NAFTA Parity; North American Free Trade Agreement and Environmental Issues; NAFTA: Related Environmental Issues and Initiatives Updated; International Investor Protection: 'Indirect Expropriation' Claims Under NAFTA Chapter 11; North American Free Trade Agreement: Truck Safety Considerations; Chilean Trade and Economic Reform: Implications for NAFTA Accession; NAFTA, Mexican Trade Policy, and US-Mexico Trade: A Longer Term Perspective; Maquiladoras and NAFTA: The Economics of US-Mexico Production Sharing and Trade; NAFTA Implementation: The Canadian Woolens Controversy; NAFTA's Effect on Canada-US Trade and Investment; Index.
