North American Free Trade Agreement (NAFTA)
for shot. There are currently negotiations under way to have a similar agreement which is called the Trans-Atlantic Trade and Investment Project, or T-TIP for short, with the European Union. Finally, there are broad-based agreements that involve free trade such as the North American Free Trade Agreement (NAFTA) and a few others that are noteworthy (USTR). Benefits of NAFTA As far as whether the NAFTA agreement benefits the United States, the answer is dependent on one's perspective and ideas about outsourcing and the shifting of manufacturing. To use the perspective of the United States in particular, the outsourcing of jobs to countries like Mexico has hit the… Continue Reading...