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Positive and Negative effects of CAFTA and NAFTA
Member rating: No Rating | Words: 1169 | Submitted: Sun Apr 27 2008
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Positive and Negative effects of CAFTA and NAFTA Sharon LaPage April 18, 2007 There are many reasons for the creation of CAFTA and NAFTA. Now we can see both the positive and negative effects these treaties have both on the US and in several other countries in north and South America. The first main difference is the actual meaning of these acronyms. They are both Free Trade Agreements, but the first CAFTA is the Central American Free Trade Agreement and the other, NAFTA is the North American free trade agreement. "The North American Free Trade Area is the trade bloc in North America which was created by the North American Free Trade Agreement and its two supplements, which are the North American Agreement on Environmental Cooperation (NAAEC) and the North American Agreement on Labor Cooperation (NAALC), the members are Canada, Mexico and the United States. This treaty came into effect...
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