The North American Free Trade Agreement Essay

789 Words Oct 29th, 2015 4 Pages
North America Free Trade Agreement- the goal is to eliminate tariffs on bilateral trade between Canada and the United States by 1988. This was followed by 1991 by talks among the United Stated, Canada, and Mexico (271). The North American Free Trade Agreement is extremely important since the U.S. trade with NAFTA has unlocked many opportunities for millions of Americans who support jobs and exports that are made in America. The prices for exporting and importing qualifying products were significantly high and NAFTA made it possible to reduce tariffs that caused purchases between Mexican and Canadian goods to become easier. The low tariffs make trading easier among the three countries. Along with increases of trade between these counties, NAFTA also made it possible for more employment opportunities to arise whether in Mexico or in the U.S. Which lowered unemployment rates as well as poverty in those countries. Most importantly it created jobs for the American worker. This concept will be useful in a top manager organization since there are many opportunities to open a smaller business in a Latin-speaking nation. If my organization consists of computer software then I know with NAFTA will ensure that I have protection of intellectual property rights. Along with that I will have better access to materials, technology, investment capital and cheaper goods available across North America. The market access also makes it possible to encourage the business to become more…

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