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What are the advantages and disadvantages of mexicos membership in NAFTA?
Wiki User
∙ 10y ago
After the establishment of NAFTA, Mexico was relieved of tariffs on its exports to the US and Canada. It was a major benefit for Mexico's economy in particular. Also, because NAFTA lifts tariffs off trade between North American countries, US and Canada imports are also cheaper in Mexico. Mexico is arguably the country that benefited the most from NAFTA.
Wiki User
∙ 13y ago
Wiki User
∙ 10y agoIts main advantage is access to the biggest market economy in the world (the United States) and increased economic integration. The largest disadvantage is for small farmers trying to compete against subsidized farmers in the US and Canada.
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Does Germany belong to NAFTA?
No. Membership to NAFTA includes only countries in North America.
What are the advantages and disadvantages of Canada's involvement in the North American Free Trade Agreement?
One of the advantages is that NAFTA eliminated all trade barriers/tarrifs between the U.S, mexico, and Canada.
What advantages does NAFTA bring to member states?
The gradual removal of trade restrictions
Does NAFTA still exist?
does nafta exist
When was NAFTA founded?
nafta was founded in 1945
Who likes and dislikes NAFTA?
I know that the US hates NAFTA and the Zapatistas but i am not sure that the Zapatistas dislike NAFTA.
What is the chemical formula of NAFTA?
Nafta is a mixture of hydrocarbons.
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 it hard to gauge the economic effects of NAFTA?
yes NAFTA did happen
Who came up with the idea of nafta?
who came up with the idea of NAFTA
Which part was not part of nafta?
Brazil, Peru and Argentina were not part of NAFTA.
