I need 350-500 words article on trading bloc: NAFTA and the region of Mexico discussing the below:
Write two articles, one article in favor of regional integration and another article against regional integration. Describe the advantages and disadvantages of regional integration and relate the stage of economic development of the economically integrated region to potential business opportunities.© BrainMass Inc. brainmass.com October 9, 2019, 11:54 pm ad1c9bdddf
The North American Free Trade Agreement-NAFTA-has had mixed reviews since its adoption in Mexico. Consequently, there are people on both sides of the arguments.
Pro-NAFTA has bolstered the national economy in Mexico. Since the inception of NAFTA, Mexico's economy has been stabilized and has risen to one of the largest in the world. With NAFTA came many more jobs mainly from US manufacturers that were in search of cheaper labor which were available in Mexico. This has caused an increasing amount of Mexicans to get employed, thereby reducing the overall poverty level of the country. Also, NAFTA has made better goods and services available at cheaper prices on the Mexican market. Mexico has also benefited from an increase in exports of their products to the US and ...
A lot has changed in the region of Mexico since the inception of NAFTA there. Read on to find out the pros and cons of those changes.