International business: NAFTA, the North American Free Trade Agreement.
Date Submitted: 06/17/2004 21:02:18
Category: / Social Sciences / Education
Length: 8 pages (2151 words)
Category: / Social Sciences / Education
Length: 8 pages (2151 words)
NAFTA, the North American Free Trade Agreement
Introduction
The North American Free Trade Agreement was an inevitable step in the evolution of the United States economic policy. The globalization of the world economy due to technological advances in computers and communications has shrunk the world to the point where no single country acting alone can effectively compete on the foreign market. Even the United States, with its vast resources, can not have an absolute advantage …
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…the point, in 2008, when the last few tariffs on agricultural produce are due to be scrapped ("The American" 49).
NAFTA was created with the intention of expansion. Canada and Mexico are both willing to take on new members; it is the US' lack of direction that has halted such advancements. It is time for the US to end a tiresome debate and step forward to lead the Western Hemisphere to global economic prosperity in the 21 century.
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