Sunday, October 7, 2012

NAFTA pros & consa

Pro: The reduced or eliminated tariffs made it easier for Canada & Mexico to trade with each other & us. The state of Texas provides the longest border between the United States and Mexico this has had a positive effect on the Texan economy Texas grew by 13 percent within just one year
Con: since the creation of NAFTA, illegal immigration between Mexico and the United States has only gotten worse. Over the 10-year period between 1990 and 2000, the number of annual illegal immigrants doubled.
Mel Hurtig in his book (The Vanishing Country) draws attention to the fact that over 10,000 Canadian companies have been taken over by foreigners since NAFTA’s ratification, and a large proportion of foreign direct investment in Canada is from foreign takeovers.

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