Case Study - NAFTA

Question 1

When was it formed?

Answer 1

1994

Question 2

What countries does it include?

Answer 2

USA, Canada and Mexico

Question 3

What did it aim to do?

Answer 3

Remove trade barriers and increase investment

Question 4

Positives

Answer 4

1. Trade tripled between 1993 - 2007

2. Manufacturing grew in the US increasing employment

Question 5

Negatives

Answer 5

1. Some Canadian countries closed due to competition from lower cost US firms
2. Some US firms moved to Mexico as it was cheaper