Discuss the positive and negative effects of the North American Free Trade Agreement on the United States. Support your conclusions with examples and evidence from the lesson

free trade covering United States, Canada and Mexico.

Explanation:

Major positive impact of this agreement is that it tripled the trade profits of Canada, Mexico and United states. It also removed tariffs which weer considered to be the international barriers. It increased the economic output which resulted in economic growth up to 0.5 % every year. Also Foreign investments are attracted. US oil imports from mexico was considered to be beneficial as there were no tariffs imposed by  US. This had a major impact on the economy.

The transportation costs lowered due to low gas price and the food prices were also marginalized. Each nation's government contracts became available to the major suppliers which increased competition and lowered the costs.

The negative impacts are, this agreement favored import and export industry but many labor oriented industries suffered a lot which included manufacturing, textile and electronic appliances due to which many started to migrate. The companies started to reduce their wages if they refused to work for them.

NAFTA agreement totally eliminated in doing good to the farmers. It subsidized the farm products and the farmers could not make profits due to  the lower farm prices which forced them to search for many other illegal jobs. They plunged into poverty and starvation.

The next impact is the degradation of the environment in Mexico. Farmers used many chemicals and pesticides to increase the production at that short period of time which resulted in unhealthy foods and deforestation resulted in global warming. No safety standard followed by the Mexican truck transport.

Pro 1: NAFTA lowered the price of many goods.

Pro 2: NAFTA was good for GDP.

Pro 3: NAFTA was good for diplomatic relations.

Pro 4: NAFTA increased exports and created regional production blocs.

Con 1: NAFTA led to the loss of U.S. manufacturing jobs.

Explanation:

a nationwide discount program is implemented.

explanation:

- "a new era of american politics began with jackson's election in 1828, but it also completed a grand social experiment begun by the american revolution. nevertheless, jacksonian democracy represented a provocative blending of the best and worst qualities of american society."

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