To Be Or Not To Be Nafta by blogroyaltyuniverse

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									To be or not to be& NAFTA
Posted by admin On February 14, 2007 4:36 PM

To be or not to be& NAFTA




The first and most important factor that comes to mind, is certainly issue of national interest which may include transfer of jobs,
reduction in self sufficiency, loss of industry specific market share and know-how, impact on local economy, and many others.
Certainly there are also a great deal of benefits which may include increase in trade efficiency, increase in industry specific know-how
and efficiency, lower prices for end users, penetration of new and previously unattainable markets and many more.


Certainly both pros and cons of this argument have valid points that needs more in detailed exploration, however, the issue at hand is
rather one of much more significance; namely the political impact of such trade areas. Governments all over the world have used
such trade agreements to entice or punish countries the stick and carrot has mainly concentrated on such offerings as trade and aid.


Generally speaking, it is rather obvious that free trade zones create benefits and disadvantages at the same time; however, it is
obvious that the natural evolution of trade among neighboring nation states have to eventually evolve. It is debatable if free trade
zones are the definite answer to streamlining of procedures among geo trading partners, yet the alternatives are illusive.



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