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Essay / Research Paper Abstract
A 3 page paper discussing the effects that NAFTA has had on the US and on the US workplace in the decade since its implementation in 1993. One overwhelming effect of NAFTA has been to demonstrate to today’s teens and young adults that they are unlikely to be able to make much of a living if they intend to rely on factory jobs. Those past 40 when NAFTA was implemented in 1993 found a rude lesson in globalization, but those with careers still ahead of them are forewarned quite well. Bibliography lists 3 sources.
Page Count:
3 pages (~225 words per page)
File: CC6_KSintlTrNAFTA.rtf
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Unformatted sample text from the term paper:
ideology of capitalism are fully cognizant of the benefits of free - or at least freer - trade. Nations such as Singapore that have embraced freer trade throughout the
latter part of the 20th century are far more prosperous now than are those nations with which they originally were equal but chose to retain protectionist, isolationist policies.
Many regional and international free trade agreements exist between individual nations and between groups of nations. The purpose here is to assess the effects
that the North American Free Trade Act (NAFTA) has on the United States and on the workplace. History Launched in 1993 and originally
including only Canada, the US and Mexico, NAFTA carries significant responsibility for changing the face of the job market landscape in all three original member states.
One of the primary statements of Ross Perots presidential campaign in 1992 was that, should NAFTA become reality, "that great sucking sound" that would be heard would
be the sound of American jobs traveling south to Mexico. Perot was right to an extent, but he told only one side of the story. Psychologist Phil McGraw
says that no matter how flat someone wants to make a pancake, it still has two sides. Perot and those sharing his ideology chose only to look at one
side. As Perot predicted, many US and Canadian manufacturing jobs did indeed move to Mexico. Those manufacturers needing only semi-skilled or even
unskilled labor were paying high labor rates and benefit costs, and they could reduce their costs to operate much more efficiently in Mexico.
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