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It doesn't affect Latin America beyond the country of Mexico, which is the only country from that region that is part of such trade agreement. It affects Mexico by providing better access to both Canada and the United States as markets for export.

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11y ago

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Which Latin America countries like and dislike NAFTA?

Mexioc


What Latin America was part of NAFTA?

Only Mexico qualifies as such.


When did the NAFTA come to latin America?

In 1994. It however, was not applied to all of Latin America but just to Mexico. NAFTA means North American Free Trade Agreement, which was signed and enforced by Canada, the United States and Mexico.


What affect has a NAFTA had on Latin America?

NAFTA, implemented in 1994, significantly impacted Latin America by increasing trade flows, particularly between the U.S., Canada, and Mexico, which led to economic growth in the region. However, it also resulted in job losses in certain sectors, particularly agriculture, as cheaper imports flooded local markets. Additionally, while it stimulated foreign investment, the benefits were uneven, often exacerbating income inequality. Overall, NAFTA reshaped economic dynamics in Latin America, with both positive and negative consequences.


NAFTA was designed to help North America compete against free -trade zones of Latin America and Australia?

false =)


When did the nafta came to Latin America?

It was signed on November of 1993 and went into effect since January 1st, 1994. It however, was a treaty among Mexico, the United States and Canada. Therefore, the only country within Latin America that was affected by NAFTA is Mexico.


How has NAFTA affected Latin America?

NAFTA, implemented in 1994, significantly impacted Latin America, particularly Mexico, by increasing trade and investment flows between the member countries: the U.S., Canada, and Mexico. It led to economic growth in certain sectors, such as manufacturing and agriculture, but also resulted in job losses in traditional industries and increased income inequality. Additionally, the agreement has influenced migration patterns, as economic opportunities in Mexico and the U.S. became intertwined. Overall, NAFTA reshaped the economic landscape of Latin America, with both positive and negative consequences.


Does Germany belong to NAFTA?

No. Membership to NAFTA includes only countries in North America.


Is Spain a part of NAFTA?

NAFTA is an acronym for North American Free Trade Agreement. Spain is not part of North America and not a member of NAFTA.


What is a false statement about the great depression?

It did not affect Latin America


What Mexico is part of?

It could be: NAFTA - North American Free Trade Agreement with US and Canada North America - the southern tip of NA, to be precise. The Americas The Western Hemisphere The Northern Hemisphere Latin America


Is the only Latin American country included in NAFTA?

Mexico qualifies as such.