chapter 3, trade agreements
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Avery TrendelBlock 3
Chapter 3, Trade Agreements
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What is NAFTA?NAFTA is the North American Free Trade
AssociationMexico, Canada, and The United States are
involved with this.It began in 1993.
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Advantages of NAFTAAllows each country to specialize and be
more efficient.Opens up the Mexican market.Access to a pool of relatively cheap labor.
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Disadvantages of NAFTAPotential loss of jobsEnvironmental problemsHidden Costs
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International Companies that sell to the USToyotaNintendoFerrari
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Wal-MartWal-Mart does business with 14 countries
outside of the United StatesWal-Mart operates in Mexico as Walmex.In Japan it is called SeiyuThe UK calls it ASDA