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It both helps and hurts:

It helps both countries by providing an increased market for goods and services. For example, motor vehicles made in Mexico don't have to pay import taxes, so they can be sold for cheaper prices in the US.

It hurts both countries as many businesses owners have found that closing plants in the US while opening them in Mexico allow for cost savings. This drains the economy of much-needed jobs. As for Mexico, many small and medium sized agriculture producers cannot compete against highly subsidized products, such as corn, wheat and milk. This has resulted in increased migration into the cities and as illegal immigrants into the US.

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Q: Is NAFTA good or bad for US or Mexico.?
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Related questions

Who are the members of nafta?

The members of NAFTA are the US, MExico, and Canada.


Who are the members of the NAFTA?

The members of NAFTA are the US, Mexico, and Canada.


Why is NAFTA good for US?

NAFTA has helped the US in that there is no longer taxes on trade between Canada and Mexico. This has saved millions of dollars for the United States each year.


Nafta has been good or bad for the cities of US?

I realyy dont know ):


Is NAFTA an agreement created by the US Mexico and Japan?

No. NAFTA was created by the U.S., Mexico and Canada.


What countries benefit from NAFTA?

canda Mexico and us


What items does Mexico have quotas on?

From the US? None. That is what NAFTA is for.


What is nafta and how does it affect Mexico us and Canada?

NAFTA is the North American Free Trade Association; it helped Mexico, Canada, and the US trade easier with each other.


What did the economies of the US Canada and Mexico increasingly become?

NAFTA


Do you think that the NAFTA has been good or bad for the people in border cities of the US?

i think that they are good because of the Free Trade :)


Should Mexico be part of the NAFTA?

NAFTA was a good way for the economic of Mexico for a short of time But now US is taking advantage for paying less tax by shipping stuff from Mexico to US but stuff from US to Mexico no. The Mexican businesses they all need to pay higher taxes to ship the products.For a rich economic to work they need Mexico and other countries like Mexico to produce more for less money.


Who opened free trade between Canada the US and Mexico?

Mexico begun the conversations to NAFTA.