Purchase Solution

NAFTA: should it be repealed?

Not what you're looking for?

Ask Custom Question

Please help answer the following problem. Include references in the solution.

Discuss whether NAFTA should be repealed. Why or why not?

Purchase this Solution
Solution Summary

The following posting discusses whether the North American Free Trade Agreement should be repeated. References are included in the solution. The explanation is given in 278 words.

Solution Preview

Problem: Discuss whether NAFTA should be repealed. Why or why not?

Solution:
NAFTA should not be repealed. The agreement has opened up markets in Mexico. The NAFTA has been responsible for improving the lives of people and reducing poverty in Mexico. Also, NAFTA has led to substantial income gains and tax cuts for the US taxpayers. The trade free bloc has been responsible for 20 million jobs in the US between 1993 and 2000. Now when the US needs more jobs than ever, NAFTA should not be repealed. Mexico also gained because there was an increase of 24% in Mexico's per capita income. In the year 2007, the United State exported $136.5 billion worth of goods to Mexico. Now when the USA needs to ...

Purchase this Solution
Free BrainMass Quizzes
Six Sigma for Process Improvement

A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

Team Development Strategies

This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.

Learning Lean

This quiz will help you understand the basic concepts of Lean.

View More Free Quizzes
Related BrainMass Solutions

  • Positive and normative economic analysis

    The inheritance tax should be repealed because it is unfair. b. In 2005, France and the Netherlands rejected the new European constitution.

  • the next NAFTA members

    It is important to choose the next NAFTA members carefully. They should be economies of governments ....

  • Impact of NAFTA on Canada, Mexico and the USA

    This should be the agenda. There are lots of disaffected people. Most people realize that NAFTA was negotiated by and for the wealthy.

  • United States Law

    (http://www.fas.usda.gov/itp/Policy/NAFTA/nafta.html) FINAL COMMENTS Obviously, this question could be answered, "it depends", as many legal issues are ambiguous and the literature uses the term: "most" garments.

  • North American Free Trade Agreement

    Note that the above web site provides information on conflicting studies, which demonstrate that NAFTA has cost us jobs. Even if NAFTA has improved our economy, the question could be asked, who is benefiting from it?

  • Economic Adviser to the President of Mexico

    It will also help in improving the standard of living of Mexico citizens. But there can be drawbacks of this economic integration as it may help just few strong countries and weak countries may be left behind.

  • regional integration

    Why Conservatives Should Support NAFTA. The Heritage Foundation.

  • Financial Markets

    The export should be make through a letter of credit. On the other hand in case of imports, the central bank should collect the payment from the importer in local currency and credit the foreign country's central bank account in hard currency.

  • anti-discrimination statutes

    Should they be repealed? Have they served their purpose?

View More Related Solutions