http://web.ebscohost.com/pov/detail?vid=14&hid=120&sid=533d5572-12c7-4449-8d2d-789b75301c8b%40sessionmgr109&bdata=JmFtcDtsYW5nPWVuLWNhJnNpdGU9cG92LWNhbg%3d%3d#db=p3h&AN=11781780
This article focuses on the financial and social gains made by NAFTA. It discusses some of the common beliefs that hindered NAFTA. One of these beliefs was the increase of American business in Canada’s market place, but actually the percentage of foreign owned industry did not increase in Canada. The amount of Canadian investment in the United States grew even faster than did U.S. investment in Canada. The article also touched on income disparity in Mexico, but made an interesting point by saying the reasoning for the income disparity was due to the area’s lack of tradable goods under NAFTA. So in a sense, these areas were not suffering due to NAFTA but in fact the absence of NAFTA. As addressed in this article, there is a massive gain in trade by the US, Canada, and Mexico. "In the 1990s, U.S. exports to Mexico grew fourfold, from $28 billion to $111 billion, and exports to Canada more than doubled, increasing from $84 billion to $179 billion". North American investments soared due to NAFTA. As stated in this quotation from the article, "Annual flows of U.S. direct investment to Mexico, meanwhile, went from $1.3 billion in 1992 to $15 billion in 2001. U.S. investment in Canada increased from $2 billion in 1994 to $16 billion in 2000; Canadian investment flows to the United States grew from $4.6 billion to $27 billion over the same period." Overall, this article is been much help in the creation of supporting arguments for my seminar and final essay.
Research post number two
Research post number one
Link: http://web.ebscohost.com/pov/detail?vid=3&hid=102&sid=42586330-4791-4980-94f4-399f2be76843%40sessionmgr102&bdata=JmFtcDtsYW5nPWVuLWNhJnNpdGU9cG92LWNhbg%3d%3d#db=p3h&AN=28675014
This article give the reader an detailed outline of what NAFTA (North American Free Trade Agreement) entails and also touches on past trade relationships with the United States and the advantages. This will allow me to inform the reader about previous trade agreements with the us and the advantages Canadians saw from this, such as lower cost in farming equipment for, and a increase in the export of raw materials. The article is particularly unbiased as it also touches on the down side to NAFTA and what people were afraid NAFTA would do to their cultural sovereignty. The article also points out that Canada’s Gross Domestic Product has increased 3.4 percent per year between 1993 and 2003, and of the more social aspects of NAFTA. mentions the creation of the NAALC to set out common guidelines to govern the treatment of workers in each country. Countries are encouraged to support fundamental workers rights.
Welcome
Welcome to my CPW4U independent study blog. In this blog I will be discussing the advantages of the North American Free Trade Agreement otherwise known as NAFTA. Also, I will be using this blog to discuss topics referring to CPW4U course and the seminar that is required at the end of this course. I’m inquiring into a controversial topic, and I hope everyone finds my research interesting and credible.