3.3 – Discussion: NAFTA (Global Trade and Investment)

3.3 – Discussion: NAFTA (Global Trade and Investment)

The North American Free Trade Agreement (NAFTA), NAFTA has produced significant benefits and challenges for the Canadian, Mexican, and U.S. economies.

Discuss ONE of the following items.

1. How NAFTA benefits the manufacturing and sales of products by companies in the U.S.
   OR
2. How NAFTA is changing the landscape of infrastructure and employment in the U.S.

Solution Preview

NAFTA (Global Trade and Investment)

The North American Free Trade Agreement has over time produced many benefits and challenges that affect various companies and industries in Canada, Mexico, and the United States. One of the benefits has been to the various companies that produce goods in the United States. These companies have benefited from expanded markets meaning they can sell their produce outside the United States (Alexandroff, Hufbauer, & Lucenti, 2013). In the past, trade restrictions meant that these products could not access other markets apart from the United States market.

(328 words)