Friday, November 26, 2010
North American Free Trade Agreement - Minus Food Proucts
With NAFTA being created over 26 years ago the change on tariffs between Canada, Mexico, and the United States has not steered companies from leaving for cheaper labor. The change on free trade or near free trade is still not completely true for Mexico to Canada or Canada to Mexico. While goods produce, made, or created see nearly no tariffs but farm goods do between all three countries. Most agriculture goods to Mexico from Canada and the United States see some type of tariff value. Companies are now leaving for China and other foreign countries for cheaper labor and they fall under a different trade agreement. While our current conditions with unemployment are not solely because of NAFTA but millions of jobs on farms are done by illegal immigrants which can be accredited to NAFTA. Another trade agreement is CAFTA, which South America and Central America are under pressure to sign the agreement for free trade. But nothing is ever free and if it's too good to be true it usually is. Look how NAFTA created a job loss for Americans but was positive for the Mexican population that sneaked across the border. There is no true good example of how the economic is going to be changed in a beneficial way for the North and South America's and Canada if free trade was existent in all areas of trade. There will be a negative change no matter what the government or the document states. Change in labor. financial classes, economic status of the country, and the wealth of the farming industry due to exportation factors.
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