The+North+American+Free+Trade+Agreement

[|The North American Free Trade Agreement History] The North American Free Trade Agreement was created on January 1, 1994. The North American Free Trade Agreement is one of the most successful trade agreements in history. The agreement increased the agricultural trade in history. The North American Free Trade Agreement is between the United States, Canada, and Mexico and has benefited farmers, ranchers and consumers throughout North America.

__//**[|The North American Free Trade Agreement Members]**//__
 * United States
 * Canada
 * Mexico

 //__[|The North American Free Trade Agreement Purpose/Goal/Objectives]__//  The purpose of The North American Free Trade Agreement is to promote conditions of fair competition. They also wanted to increase investment opportunities. The goal of the North American Free Trade Agreement is to provide protection and enforcement of intellectual property rights. It also was made because they wanted to create procedures for the resolution of trade disputes. The objectives of the North American Free Trade Agreement is to establish a framework for further trilateral, regional and multilateral cooperation to expand NAFTA's benefits. The North American Free Trade Agreement has eliminated trade barriers and established procedure for resolution of trade disputes. It has also increased the competitiveness of the three countries involved on the global market place. **//__ [|The North American Free Trade Agreement Structures/Hierarchy/Subdivisions] __//** The structure of The North American Free Trade Agreement is that it eliminated tariff. It also created a lot of jobs for Americans, Canadians, and Mexicans. The Hierarchy for The North American Free Trade Agreement is the United States, Mexico, and Canada. This subdivision increased the industry for United States, Mexico, and Canada. **//__The North American Free Trade Agreement Advantages and Disadvantages__//** The [|advantages]of The North American Free Trade Agreement is that it increased trade in all goods and services. It also boosted U.S. farm exports. It also created trade surplus in services. The North American Free Trade Agreement also reduced oil and grocery prices. The [|disadvantages] of The North American Free Trade Agreement is the fuel for peso crisis. Another disadvantage is that Mexico benefits more than the U.S. Another problem is the U.S. deficit with trading partners. There is also a loss of low wage american jobs to Mexico. **//__[|The North American Free Trade Agreement local diversity]__//** The North American Free Trade Agreement effected the local diversity in a good way for the Untied States, Mexico, and Canada. It provided more jobs for all three of the countries. It increased trade in all goods and services. It also boosted U.S. farm exports. **//__Citations__//** http://useconomy.about.com/od/tradepolicy/p/NAF...antage.htm http://www.alianzas.us/main/documents/NAFTA.ppt http://www.fas.usda.gov/itp/policy/nafta/nafta.asp http://useconomy.about.com/od/tradepolicy/p/NAF...istory.htm http://www.ustr.gov/trade-agreements/free-trade...ment-nafta http://www.fas.usda.gov/info/factsheets/NAFTA.asp