Geo 103 Principles Of Geography: Assessment Answers
Has it been good or bad for the countries involved? Keep in mind that the agreement also affects Canada.
Answer:
1. Article on NAFTA
The United States commenced a negotiation on bilateral trade with Canada. This resulted in the U.S-Canada Free Trade Agreement. This pact was signed on December 1, 2018 under the leadership of political leaders based in Mexico and Canada at the G-20 meeting (The road to a new NAFTA: A recap, 2018). The renegotiations made during NAFTA had begun on August 16, 2017 by President Donald Trump. This agreement is considered to be crucial for removing any form of barriers within the flow of labour and goods between the U.S, Canada and Mexico (Barton, 2017). The primary purpose of NAFTA is to place North America in the highly competitive place within the global marketplace.
2. My Views on NAFTA
This agreement has increase the economic output of the countries, created more jobs, lowered import prices and has also provide much benefits. Thus, based on such considerations, I would consider NAFTA to be a useful pact within the nations.
References
Barton, L. (2017). The innovation of investor-state arbitration under NAFTA. In Globalization and International Investment (pp. 127-135). Routledge.
The road to a new NAFTA: A recap. (2018). Retrieved from https://www.theglobeandmail.com/politics/article-the-road-to-a-new-nafta-a-recap/
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