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The Failure Of NAFTA
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When the North American Free Trade Agreement, otherwise known as NAFTA, was passed, an unconstituted and unprecedented experiment in social and economic policy began. For never before had three nations with such unequal economies been so forcibly put together and forced to do business.
NAFTA opponents forecasted an economic disaster. The public ....
Middle of paper ....nt, the project found that every one of those companies had already laid off many more workers than normal. The number one reason responsible for the abnormal increase in lay offs, cited by the companies? NAFTA.
In 1993 a vice president of the Mattel Corporation assured a Congressional subcommittee that NAFTA would have a very positive effect on .... |
Word count: 1362 |
Page count: 5 |
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