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Nafta Research Paper

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Nafta Research Paper
The North American Free Trade Agreement was implemented on January 1, 1994. Its purpose was to remove tariff barriers between Canada, the United States and Mexico. The Agreement includes two supplemental agreements on environmental and labor issues that address cooperative efforts to reconcile policies and procedures for dispute resolution between the member countries. NAFTA was preceded by an agreement between the United States and Canada entitled the U.S.-Canada Free Trade Agreement, which was enacted on January 1, 1989, but has now been superseded by the NAFTA. The NAFTA initialing ceremony in October 1992.NAFTA called for immediately eliminating duties on half of all U.S. goods shipped to Mexico and gradually phasing out other tariffs …show more content…
The Canadian government sued the company, but was forced to drop the charges due to the agreement which prevents governments from doing harm to foreign companies. Instead the U.S. company charged the elected government of Canada for enforcing a law aimed at protecting Canadians. These issues, among others as well as fears about the rellocation of jobs have created opposition to NAFTA. Most opponents such as the New Democratic Party support the renegotiation of the treaty, while others such as former Progressive Conservative leadership candidate David Orchard support Canada withdrawing from the agreement altogether. Despite this many Canadian politicians have made peace with the agreement, including most of the governing Liberal Party of Canada, which campaigned in the 1993 election to renegotiate the teaty but then took no steps to do so and even signed an extension of the Free Trade Agreement in 1994. From the perspective of North American consumers, one of the effects of NAFTA has been the significant increase in bilingual or even trilingual labeling on products, for simultaneous distribution through retailers in Canada, the U.S., and Mexico in French, English, and

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