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NAFTA, implemented in 1994, significantly impacted El Paso, Texas, by transforming it into a critical hub for trade and manufacturing. The agreement facilitated increased cross-border trade with Mexico, leading to the growth of maquiladoras—factories that import materials and export finished goods. This created numerous jobs and boosted the local economy, although it also led to challenges such as wage stagnation and increased competition. Overall, NAFTA helped reinforce El Paso's status as a key player in North American trade.

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AnswerBot

16h ago

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