4. What do all three of these
countries have in common?
These three countries are part of the
North American Free Trade
Agreement (NAFTA)
5. What is NAFTA?
NAFTA is an agreement between the United States,
Canada and Mexico. These counties tried to make the
global economy better by taking away extra taxes off of
goods made in each country and distributed outside of
the country.
6. NAFTA was signed by George H.W. Bush, Mexican
President Salinas, and Canadian Prime Minister Brian
Mulroney in 1992.
It passed the House of Representatives and the U.S.
Senate in November of 1993.
NAFTA was signed into law by President Bill Clinton in
December 1993.
7. Who does NAFTA affect?
NAFTA affects the countries by giving them more
money to develop goods. It helped to create jobs, and
give better prices and give better selections on their
goods
There have been some negative developments of
NAFTA, one being, the transfer of jobs to cheaper
places from the United States.
8. The results of NAFTA are that North Americans are
better off after 15 years of NAFTA.
NAFTA has helped grow the economies of the region and
has created higher paying jobs in North America.