It’s impacts

 The North American Free Trade Agreement or NAFTA is an agreement signed by the governments of Canada, Mexico, and the United States, creating a trilateral trade bloc in North America. The agreement came into force on January 1, It superseded the Canada – United States Free Trade Agreement between the U.S. and Canada. In terms of combined GDP of its members, as of 2010 the trade bloc is the largest in the world.

What inequalities do we see between these three nations in this agreement?

 The goal of NAFTA was to eliminate barriers of trade and investment between the US, Canada and Mexico. The implementation of NAFTA on January 1, 1994, brought the immediate elimination of tariffs on more than one half of U.S. imports from Mexico and more than one third of U.S. exports to Mexico. Within 10 years of the implementation of the agreement, all US-Mexico tariffs would be eliminated except for some U.S. agricultural exports to Mexico that were to be phased out in 15 years. Most US-Canada trade was already duty free. NAFTA also seeks to eliminate non-tariff trade barriers.

 to improve the economy of Mexico through increased wages and industry  to create a flow of BOTH imports AND exports for all three nations  to reduce poverty in Mexico

 Canada is a Socialist country. The people of Canada protested heavily against NAFTA. They argued that the Mexican government had not shown any willingness to implement economic changes to improve the Mexican economy. NAFTA was going to hurt Canada’s economy because of the low wages and lack of economic structure in Mexico. This has proven true over the years.

 Mexican factories that take in imported raw materials and produce goods for export have become the landmark of trade in Mexico. These are plants that moved to this region from the United States, hence the debate over the loss of American jobs. Income in this sector has increased 15.5% since the implementation of NAFTA in 1994.

 American and Canadian industrial jobs have moved south.  Mexico has, as Canadians feared, failed to implement an economic structure to propel growth.  Corruption on every level has stymied economic growth in Mexico and has failed to produce the wage increases and standard of living increases NAFTA promised. Immigration, both legal and illegal, continues to be an unsolved issue.

 A section of NAFTA was designed to address environmental concerns. The United States and Mexico completely ignore that portion.  NAFTA also established safety and health standards for the goods imported and exported. These standards have not been enforced.  Mexico did not invest in the infrastructure necessary for competition, such as efficient railroads and highways, creating more difficult living conditions for the country's poor.

 How can these problems be solved?  Is a global marketplace possible with the vast inequalities between nations?