30 Oct The United States is a member of several foreign trade agreements around the world. The North American Free Trade Agreement (NAFTA) is an example of a foreign
Primary Response: Within the Discussion Board area, write 300–500 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.
For this Discussion Board, please complete the following:
The United States is a member of several foreign trade agreements around the world. The North American Free Trade Agreement (NAFTA) is an example of a foreign trade agreement between the United States, Canada, and Mexico. This agreement established guidelines for how the three countries engaged in mutually beneficial business practices.
NAFTA is very controversial and is believed to be the reason for many Americans losing their jobs when companies began shifting their operations to other countries to lower operating costs.
Watch this video to learn more about NAFTA and the role it has had in the U.S. economy:
NAFTA Explained by Avocados and Shoes
Using what you have learned from the videos, discuss the following with your classmates:
- What are the trade benefits of NAFTA to the United States, Mexico, and Canada?
- How has NAFTA benefited American consumers? Explain your answer.
- How has NAFTA negatively impacted American workers and businesses?
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