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The North America Free Trade Agreement - Essay Example

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In the paper “The North America Free Trade Agreement” the author discusses the agreement which has both benefits and detriments to its credit, and it has generated reams of debate material on both sides of the issues. Most of those issues concern whether NAFTA has or has not benefited the economies…
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The North America Free Trade Agreement
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Losing 766,000 jobs from the manufacturing sector compared to creating millions of new jobs in the service sector, is a comparison the report failed to make. Jobs in the service sector normally pay a higher average salary, thereby affording individuals an improved lifestyle.

Many of the individuals that complain about those lost jobs in the manufacturing sector are people who have not seized the opportunity to educate (or re-educate) themselves in the more lucrative industries that America's society seems to be moving towards. The report also states that NAFTA has not helped anyone but the companies, and the investors in those companies that use NAFTA to import and export goods and services to those three countries. Only those people who work for companies that advantageously use NAFTA benefit from that usage Are those companies comprised of robots There are no people that take their earnings and go spend them (helping the economy) from those companies coffers There aren't other companies that supply or sell services to those import/export companies The people that work for those other companies work for free Those questions are answered by those companies that continue to supply goods and services to the public for consumption, at more competitive prices, thereby creating a more efficient marketplace for all three countries.

Therefore all three countries benefit. Works CitedFaux, J. (2001) NAFTA at Seven; It impact on workers in all three nations. The Economic Policy Institute, Accessed on April 14, 2006, from http://www.epinet.org/content.cfm/briefingpapers_nafta01_indexPART TWOYour paper does not include the following points that are made in Paper Two1. Removal of tariffs and duties and quotas2. lower prices for products (a consumer benefit)3.

manufacturers benefiting by operating in a bigger economy your paper does include the following points that are made in Paper Two1. More efficient market2. competition 3. more jobs created (although they are in the service rather than in the manufacturing sector).

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