0
How has NAFTA affected people in Canada and the people in Mexico?
Wiki User
∙ 12y ago
Some of them do; some of them don't. NAFTA was sold as a "Marshall Plan" that would make Mexico a wealthy nation, but it lacked the structural reforms needed to work such way. It also has worsened rural conditions in Mexico, as laborers cannot compete against the heavily subsidized products cultivated in the US and Canada. Finally, in the case of American and Canadian companies, cheaper labor costs found in Mexico have forced many companies to close their plants in their home countries, leaving many jobless workers behind.
On the other hand, it has worked as a shock therapy for the Mexican companies, who suddenly had to compete globally; it also has allowed many other companies in the US and Canada to increase their profits.
Wiki User
∙ 11y ago
Wiki User
∙ 12y agonafta can affect people in mexico and canada by moving their businesses from the united states and making free trade impossible
Add your answer:
Earn +20 pts
What are two trading partners of Canada under the NAFTA agreement?
The U.S and Mexico
Coming into effect in 1994 nafta encourage free trade between the US and which two other countries?
Canada and Mexico
What agreement was signed in 1933 between the US Canada and Mexico to reduce tariffs?
Its name is the North American Free Trade Agreement (NAFTA). It was proposed by Mexico in 1988, signed off by the three countries on December 17, 1992 and came into force on January 1, 1994. Its main objective was to diminish or eliminate trade and investment barriers among the three countries.
What role did NAFTA play in the investment in new business in Canada?
COMMUNISM!
What has the NAFTA had on Canada?
· One of those concerns is how NAFTA has cost workers their jobs:Instead of increasing, Canada has lost 398, 837 jobs ever since NAFTA began, from 1994 to 2001.· Canada is too dependant on United States as Canada's source of economy.The United States is Canada's largest trading partner; this is a concern because close relationship between the economy trades of two countries resembles a double edged sword. Although Canada's economy will become more powerful when United State's economy becomes powerful, there is always a chance of the opposite results occurring.· Canadian Industries and companies are becoming less competitive:It increases employment in those profiting companies (ie auto), but it decreases those little small companies (ie refrigerator companies in Canada) because the ones in the US overpower them.Canada is losing its culture:Laws/bans are breaking downEnvironment gets damagedNAFTA has caused huge amounts of toxic waste to be dumped into Countries with weak environment laws, Canada that is. This increases the risks of contaminating the drinking water in Canada. Because of NAFTA, Canada is now importing four times the hazardous waste from the United States.NAFTA has also increased the traffic movement between borders. The pollution from caused from traffic, contributes to the rising temperatures of global warming.80 per cent of Canadians live within 100 kilometres of the American border. (Traffic congestion and delays along the border causing pollution to release in the air)NAFTA allows United States to take advantage of Canada and its resources:For years and years now, Canada has been trading other countries with their advantage of many natural resources. Now that NAFTA came into affect, USA also has the advantages with Canada's natural resources. This will cause more clear-cutting and natural areas to be destroyed.
How has NAFTA affected the Canada and the people in Mexico?
The Economic Boom Has changed them
What three countries belong to NAFTA?
The three countries of the North American Free Trade Agreement {NAFTA} are: Canada, Mexico, and the USA.The USA, Canada and Mexico
Is NAFTA an agreement created by the US Mexico and Japan?
No. NAFTA was created by the U.S., Mexico and Canada.
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.
What three countires are part of NAFTA?
The three countries that are part of NAFTA are the United States, Canada, and Mexico.
Which coutries are members of NAFTA?
The members of NAFTA are : Canada, USA and Mexico
Who is part of NAFTA?
Canada, USA, and Mexico.
How did nafta positively affect Mexico?
NAFTA changed trade for Mexico by opening the doors to trade with Canada and the United States.
Counties are members of NAFTA?
Canada,Mexico,& the U.S.A.
What is NAFTA countries involved?
America, Mexico, Canada
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.
