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North American Free Trade Agreement (NAFTA)
Member rating: No Rating | Words: | Submitted: Fri Jan 28 2005
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POLS 2910: Final Essay By: Nina Dhawan, Student number (206241053), TA Travis Fast January 1, 1994 marks the date in which North American Free Trade Agreement (NAFTA) was formerly implemented, creating the largest free trade zone in history. NAFTA advocates maintained that in the North American context through the implementation of the agreement thousands of new high wage jobs would be created, living standards would be elevated, environmental conditions would be improved and that Mexico would be transformed from a developing country to a "booming market" for US exports1. Ten years after the implementation of NAFTA, this calculation would prove to be overtly false as wages have drastically declined, thousands of jobs have been lost as companies relocated to Mexico, democratic law making is threatened and environmental standards are practically non-existent. Chapter eleven of NAFTA is at the heart of the controversy that surrounds the agreement. Critics of the investor chapter...
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