26 Facts About NAFTA


Each submitted the agreement for ratification in their respective capitals in December 1992, but NAFTA faced significant opposition in both the United States and Canada.

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Passage of NAFTA resulted in the elimination or reduction of barriers to trade and investment between the U S, Canada, and Mexico.

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Economists held that withdrawing from NAFTA or renegotiating NAFTA in a way that reestablished trade barriers would have adversely affected the U S economy and cost jobs.

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NAFTA criticized the role of Rahm Emanuel in particular for the deficiencies.

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Goal of NAFTA was to eliminate barriers to trade and investment between the U S, Canada and Mexico.

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NAFTA sought to eliminate non-tariff trade barriers and to protect the intellectual property rights on traded products.

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NAFTA is, in part, implemented by Technical Working Groups composed of government officials from each of the three partner nations.

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The CEC has held four symposia to evaluate the environmental impacts of NAFTA and commissioned 47 papers on the subject from leading independent experts.

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Proponents of NAFTA in the United States emphasized that the pact was a free-trade, not an economic-community, agreement.

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In proposing what no other comparable agreement had attempted—to open industrialized countries to "a major Third World country"—NAFTA eschewed the creation of common social and employment policies.

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NAFTA established the CANAMEX Corridor for road transport between Canada and Mexico, proposed for use by rail, pipeline, and fiber optic telecommunications infrastructure.

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The NAFTA panel found that the municipality did not have the authority to ban construction on the basis of its environmental concerns.

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NAFTA's Chapter 19 was a trade dispute mechanism which subjects antidumping and countervailing duty determinations to binational panel review instead of, or in addition to, conventional judicial review.

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NAFTA parties had the option of appealing the decisions to binational panels composed of five citizens from the two relevant NAFTA countries.

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Since January 2006, no NAFTA party had successfully challenged a Chapter 19 panel's decision before an extraordinary challenge committee.

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Roster of NAFTA adjudicators included many retired judges, such as Alice Desjardins, John Maxwell Evans, Constance Hunt, John Richard, Arlin Adams, Susan Getzendanner, George C Pratt, Charles B Renfrew and Sandra Day O'Connor.

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Study in 2007 found that NAFTA had "a substantial impact on international trade volumes, but a modest effect on prices and welfare".

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NAFTA had been credited with the rise of the Mexican middle class.

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Tufts University political scientist Daniel W Drezner argued that NAFTA made it easier for Mexico to transform to a real democracy and become a country that views itself as North American.

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US Chamber of Commerce credited NAFTA with increasing U S trade in goods and services with Canada and Mexico from $337 billion in 1993 to $1.

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University of California, San Diego economics professor Gordon Hanson said that NAFTA helped the US compete against China and therefore saved US jobs.

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Study published in the August 2008 issue of the American Journal of Agricultural Economics, found NAFTA increased US agricultural exports to Mexico and Canada, even though most of the increase occurred a decade after its ratification.

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The most serious overall increases in pollution due to NAFTA were found in the base metals sector, the Mexican petroleum sector, and the transportation equipment sector in the United States and Mexico, but not in Canada.

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NAFTA believes that free trade agreements have caused a loss of American jobs and depressed American wages.

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Drezner argued that NAFTA made it easier for Mexico to transform to a real democracy and become a country that views itself as North American.

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Donald Trump expressed negative views of NAFTA, calling it "the single worst trade deal ever approved in this country".

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