The level of development of the three countries are different so the gross national income per capita shown in 2005 for Mexico, Canada and the U.S. are 7,300 dollar, 32,600 dollar and 43,740 dollar respectively. The Mexico shows the least gross national income per capita because there is an assumption that agriculture of Mexico will be enhanced by modernized and will become more productivity in future but in fact NAFTA does not provide financial aid to Mexico to this end for achieving the goals since the European Union already provided financial assistance for those old or new members under the common agricultural policy.
NAFTA does not greatly provide benefit to Mexico. This can be said that exports are not an important determinant of economic growth. However, few companies are benefit from exports with few connections to local production and yet fail to create more employment. Thus, each country’s development is strongly depends on a national plan instead of NAFTA as development cannot be produced if solely rely on market forces. …show more content…
NAFTA allows corporations to exploit and enjoy their rights. In order to deal with the social dimensions of development, an enhanced NAFTA is essential to go beyond the silent integration of markets. There is a problem, since the concept of enhanced NAFTA is something similar to the European model, it is a little chance even nearly impossible to get support among businesses as well as the respective parliaments of the NAFTA partners. (Kondonassis, Malliaris, & Paraskecopoulos,
NAFTA does not greatly provide benefit to Mexico. This can be said that exports are not an important determinant of economic growth. However, few companies are benefit from exports with few connections to local production and yet fail to create more employment. Thus, each country’s development is strongly depends on a national plan instead of NAFTA as development cannot be produced if solely rely on market forces. …show more content…
NAFTA allows corporations to exploit and enjoy their rights. In order to deal with the social dimensions of development, an enhanced NAFTA is essential to go beyond the silent integration of markets. There is a problem, since the concept of enhanced NAFTA is something similar to the European model, it is a little chance even nearly impossible to get support among businesses as well as the respective parliaments of the NAFTA partners. (Kondonassis, Malliaris, & Paraskecopoulos,