Analysis Of The North American Free Trade Act ( NAFTA ) free essay sample

Analyzes three separate aspects of NAFTA. First examines the history of the trade pact, next the current state of relations among the three trading partners, last the outlook and challenges for the future. Analysis of the North American Free Trade Act (NAFTA) Introduction The North American Free Trade Act (NAFTA) has been in place in the United States, Canada, and Mexico for more than three years, having been enacted with many loud and vocal concerns expressed by both the Congress and the media (When neighbours embrace, 1997). NAFTA has been called, rightly so, the most comprehensive trade relationship ever negotiated among friendly countries. NAFTA also will go down in economic history as the first time a developing country has agreed to become a trading partner and opening up its economy to full competition with those countries (Hirsch, 1995). This analysis will deal with three separate aspects of