North American Free Trade Agreement (NAFTA)

883 Words 4 Pages
The purpose of this research paper is to clearly define the North American Free Trade Agreement (NAFTA) and the South African Development Community (SADC). The two agreements selected are both vastly different and the few similarities between the two are thoroughly discussed. Conflict management protocols that each nation uses will provide a further understanding of the many differences. The goals of each agreement are examined to further understand the future of the NAFTA and SADC nations. The origin of each agreement as well as the qualifications are fully discussed to enable a better understanding of where each agreement is today. Achievement of goals as well as stifled successes are examined to provide a better understanding of continued success and help further understand what isn’t working and how to attempt to reverse the damages.
Origin of Agreement, Nations Involved, Type of Membership, and Qualifications
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These cheaper factories are argued due to the jobs potentially being taken from individuals who reside in both the United States and Canada. However, while the economy in Mexico grows at a slower rate these new jobs can provide Mexican citizens opportunities that would otherwise not be available to them. Canada benefits from NAFTA in similar ways the United States benefit with the trade agreements that reduce barriers of trade within the nations in the agreement. The mutual benefits established help both economies to continue to flourish. In terms of qualifications for each nation there are no set of rules and this agreement is specifically between the countries involved with no purpose to include other nations yet. However, there are many south American countries that would benefit from joining in the future if NAFTA would allow and see potential mutual

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