NAFTA- Trading Group Flashcards
Which 3 countries have an agreement?
USA, Canada, Mexico
Successes: Why have Mexican companies had to higher working conditions?
To make them more competitive
Successes: Why’s it good that Mexico’s economy have stabilised?
They have more money to improve infrastructure and education
Successes: More __ have been created
Jobs
Successes: Where has Mexico received investment from?
USA and Canada
Problems: Who can’t Mexican farmers compete with?
USA
Problems: Why’s it bad that Mexican farms are closing down?
Becoming dependent on the US, loss of livelihood
Problems: Why’s it bad that most assembly plants are on the US border?
The South of Mexico isn’t being developed, as they have low incomes
Problems: What are the slack environmental laws causing?
Global warming as CO2 is being released into the atmosphere