Abstract

NAFTA: Trinational fiasco
Anderson, Sarah | July 15, 1996 issue

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The article presents information on North American Free Trade Agreement (NAFTA), which went into effect in January 1994. People of North America have now lived with the agreement for 900 days and contrary to promises of U.S. Senator Bob Dole, U.S. President Bill Clinton and their advisers, NAFTA has turned out to be a losing proposition for all but the Fortune 500 companies. Rather than increasing by hundreds of thousands, as promised, jobs have been disappearing in all those countries, which have signed the agreement. Those jobs that remain pay less with fewer benefits. The U.S.-Mexico border, already a development debacle when NAFTA was signed, is mired even deeper in health and environmental nightmares.

See Also:

ECONOMIC policy; NORTH American Free Trade Agreement (NAFTA); FREE trade; UNEMPLOYMENT; WAGES; DOLE, Robert J., 1923-; CLINTON, Bill, 1946-; UNITED States
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