Research post number two

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.