
Trade Issues | |
NAFTA Celebrates A Happy Fifth Birthday |
The North American Free Trade Agreement (NAFTA) turned five years old on January 1. Supporters point to the benefits that have accrued to all the trading partners in the previous five years.
Furthermore, many economists believe Mexico quickly weathered its currency plunge in 1994 because of the strength given to its economy by the treaty. Source: Editorial, "NAFTA at Five," Dallas Morning News, January 4, 1999. For more on NAFTA http://www.ncpa.org/pd/trade/trade6.html |