Sample Essay on:
NAFTA and the FTAA

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Essay / Research Paper Abstract

6 pages. This paper will give an overview about Free Trade in the Americas, from NAFTA to FTAA. Bibliography lists 6 sources.

Page Count:

6 pages (~225 words per page)

File: D0_JGAnftaa.rtf

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Unformatted sample text from the term paper:

jobs was the light at the end of the tunnel for much of America as its citizens looked toward the future with NAFTA. But promises were quick to fade away as the bright light of hope began to dim. While there are a number of economists who believe that the treaty has been an important addition to the manner by which the United States conducts trade business, others are more interested in the impact it has had at home. Statistics have demonstrated the devastating effects the Agreement has had upon the work force since its inception, and they are not good. Still others, however, are certain that American workers have gained considerably from NAFTA. Where the discrepancy lies is anybodys guess, but one thing is clear: there exist two hotly divided sides to this issue (Anonymous 1997). Mexican maquiladoras have drawn considerable attention throughout all of the treatys turmoil, being accused of undermining the American job market. These assembly plants, which are primarily foreign-owned, are permitted to import duty-free parts and raw materials that will ultimately become exported items. These goods, when exported back to the United States, are also tariff-free; however, what has occurred in the process is that Mexicans have done the work for which an American could have been paid. In opposition to this claim, the National Bureau of Economic Research produced a 1996 study that stated both sides of the border have benefited from maquiladoras (Anonymous 1997). As the Mexican economy stopped reeling, if not only momentarily, President Clinton was eager to procure the "fast track" (Anonymous, 1997, p. 11) authority to implement the Free Trade of the Americas (FTAA) agreement that would ultimately bring in the participation of other Western Hemisphere countries. Chile, which was the ...

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