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NAFTA2

d plants in Mexico, and export those goods from Mexico back into the Canadian and United States economy. Another thing NAFTA does is as it creates a "trinational superpower", it becomes appealing to foreign investors. For example, Toyota Motor Co. built a $450 million expansion in Ontario to make Corollas for the North American market. Foreign countries want to invest and build plants in North America to get in on the North American market with less angst. It not only costs less for Canada, the U.S. and Mexico to trade, but it costs less for any foreign corporation with a factory in North America. As well, these new plants in Canada mean more jobs available for Canadian citizens. Another advantage NAFTA gives to the Canadian economy is higher productivity levels. Canadian corporations with plants in Mexico produce goods at lower costs. Canadian corporations benefit with these low production costs, due to low hourly work wages in Mexico. Canadian corporations had not been so eager to build factories in Mexico prior to the implementation of the agreement due to the tariffs, which must be paid when the goods crossed the border. It can be seen that there are more points against the North American Free Trade Agreement than for it. NAFTA must be in place for nine hundred days since its start in January of 1994. It seems as though the majority of citizens in all three countries in the agreement are now against NAFTA. NAFTA does not create the jobs it said it would in any of the three countries involved. In fact, thousands of jobs have been lost. Though productivity may be up in many corporations, workers have not been taking part in the benefits. Workers have actually lost benefits and have had wage cuts. The environment is also doing much suffering due to the plants created in Mexico without adequate disposal of toxic wastes. It had been the speculation of the governments of all three countries in the agreement that NAFTA would cause great ec...

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