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Flashcards in NAFTA Deck (6)
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1

Who was it signed by and when?

USA, Canada and Mexico in 1994

2

What are its 4 main aims?

-gradual elimination of trade barriers
-promotion of economic competition
-increased investment opportunities
-improved cooperation

3

What has happened to trade between member countries?(+/ve)

It has tripled between 1993 and 2007

4

What do Mexican workers receive?(+/ve)

Higher wages, and increased sales from agriculture reduces migration

5

What has happened to some Canadian companies?(-/ve)

They have closed because of competition from lower cost US firms

6

Why could Mexico be exploited?(-/ve)

Because of its natural resources and less stringent pollution laws