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Essay / Research Paper Abstract
10 pages in length. The buildup and anticipation that the proposed North American Free Trade Agreement (NAFTA) conjured made it appear as though it would be the saving grace for a drooping United States economy. However, enough time has gone by since the Agreement's implementation to determine that, for the most part, NAFTA has not produced the expected economic impact it was supposed to stimulate. Hit particularly hard has been the labor industry, inasmuch as many American companies have opted to move their manufacturing plants to Mexico in order to take full advantage of cheaper operating costs; as a result, American workers are being kept from seeking better wages, since the company can decide at any moment to move the plant south of the border for significantly less money. The writer discusses NAFTA's impact upon the United States economy. Bibliography lists 9 sources.
Page Count:
10 pages (~225 words per page)
File: LM1_TLCnaft2.doc
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Unformatted sample text from the term paper:
be the saving grace for a drooping United States economy. However, enough time has gone by since the Agreements implementation to determine that, for the most part, NAFTA has
not produced the expected economic impact it was supposed to stimulate. Hit particularly hard has been the labor industry, inasmuch as many American companies have opted to move their
manufacturing plants to Mexico in order to take full advantage of cheaper operating costs; as a result, American workers are being kept from seeking better wages, since the company can
decide at any moment to move the plant south of the border for significantly less money. "While new jobs are being created, they tend to be higher-skilled jobs that
often elude a downsized auto worker with only a high school education" (Holstein et al 59). As positive and excited as some were
about NAFTA, others were not as enthusiastic about the proposed outcome. Critics who had "deep misgivings" (Marcus et al 1A) about NAFTA contend that President Clinton was instrumental in
pushing the Agreement through Congress without first having the backing of his partys majority. It looked as though the president was merely making a lot of promises he had
no intention of keeping. As its main goals, the treaty was to set the stage for significant improvements in employment, living standards for all concerned countries, immigration pressure and
environmental safety. During the three and a half years that the Agreement was active as of 1997, opponents claim that none of those prophecies had come to fruition.
Indeed, NAFTA has come under considerable controversy regarding the accusation that just the opposite has actually occurred. It has been said that not
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