In 1994, the North American Free Trade Agreement was made, creating one of the world's largest free trade zones. Although China has been an increasingly important source for imports, the United States’ neighbors, Canada and Mexico, have been among its major trading partners for a long time. It is because of this that NAFTA was negotiated and came into effect in 1994. This agreement strengthened the rules of trade and investment, setting an example of the benefits of trade liberalization for the rest of the world. NAFTA has brought economic growth and the rising standards of living for citizens in all three countries. It can be argued that the integration of the three economies has had positive outcomes such that the three economies have …show more content…
The article discusses three principles that should be thought about by negotiators. The first principle being that the negotiators should give preference to taxpayers and consumers rather than the producers. Second, the insertion of pet economic and social engineering clauses into free trade is anti-free trade. Lastly, avoid coddling affected industries beyond the very short term. These are things that the author believes need to be kept in mind so that NAFTA continues to benefit the people. The author uses a historical account of other free trade accomplishments to serve as a base for his point. He also uses examples with a statistical analysis to back up his point. It is obvious reading that the author approves of NAFTA, saying things such as "free trade has been beneficial, not harmful, as the increase in employment demonstrates" (Milke, 2017). I think the author could have been a little less biased in the presentation of their argument, they only talked of the positive aspects and what needs to be kept in mind. There was no counter argument admitting to any downfalls that needed improving. This article also came from Mexico view of the