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N A F T A: Good or evil?
It was the year 1992. Three presidents from three different countries of North America decided to give birth to a new organization. Inspired maybe by the success of the European Union and by the benefits of free trade are, Mexico, USA, and Canada decided to create an organization called the North American Free Trade Association. The purpose of the organization was clear, to promote free trade among these states and facilitate movement of goods and services through the borders. The goal is that by 2008 all physical barriers to free trade will be moved and the countries in NAFTA will indeed have a free trade amongst them and not just a freer trade like they do now. The impact NAFTA has had on the countries is a very debatable issue. In order for anyone to make a decision on NAFTA it would probably require an in depth look at all three countries involved in it.
The reality is that NAFTA, like almost every agreement or treaty leaders of the world sign, is not perfect but not all bad either. There are winners and losers in the process and the perception that someone might have on the organization might very well depend on his personal position rather than the overall knowledge on NAFTA and its policies. There is also one major point that many people miss when they try to assess the accomplishment, or not therefore, of NAFTA. People automatically believe or sometimes are led to believe that free trade by itself will improve the overall economic condition of the country. This is a myth according to every economist. While free trade no doubt helps to improve the situation of a country there are other elements that have to be taken under consideration. They might be p ...