Question

Considering the goals of NAFTA, evaluate whether the outcomes listed below are positive or negative for businesses in the U.S.

Answer 1

Answer:

1. negative

2. positive

3. positive

Explanation:

NAFTA is a trade organization between the three large North American economies, the United States, Canada, and Mexico. It is an organization that brings in both positives and negatives for the United States. The positives can mainly be seen in the cheaper labor force that is available, thus the profit if maximizing, as well as the cheaper goods. On the other hand, an increasingly big problem has become the outsourcing of jobs, so the American workers lose their jobs because they require higher wages, while the Mexican workers require much lower wages.