ERIC Number: EJ1045635
Record Type: Journal
Publication Date: 2014
Pages: 6
Abstractor: ERIC
ISBN: N/A
ISSN: ISSN-0037-7724
EISSN: N/A
NAFTA: The World's Largest Trading Zone Turns 20
Ferrarini, Tawni Hunt; Day, Stephen
Social Education, v78 n6 p306-311 Nov-Dec 2014
Everyone under the age of 20 who has grown up in North America has lived in the common market created by NAFTA--the North American Free Trade Agreement. In a zone linking the United States, Canada, and Mexico, most goods and investments flow freely across borders to users, consumers, and investors. In 1994, NAFTA created the largest relatively free trade zone in the world by phasing out tariffs and other trade restrictions on goods and investments. Today, the NAFTA area is home to approximately 450 million people, with a Gross Domestic Product (GDP) of almost $20 trillion. NAFTA countries create 23 percent of the world's total wealth. Twenty years after its enactment, how is the free trade zone working out? Did NAFTA make Canada and Mexico better off at the expense of the United States? Or did it help boost production, employment, investment, and consumption across all three countries?
Descriptors: Debate, International Trade, Regional Cooperation, Macroeconomics, Economic Development, Economic Progress, Economic Impact, Economics Education, Input Output Analysis, Program Effectiveness, Organizational Effectiveness, Organizational Objectives, Organizational Theories, Foreign Countries, Inquiry, Educational Resources, Evidence, Lesson Plans, Learning Activities, Teaching Methods
National Council for the Social Studies. 8555 Sixteenth Street #500, Silver Spring, MD 20910. Tel: 800-683-0812; Tel: 301-588-1800; Fax: 301-588-2049; e-mail: membership@ncss.org; Web site: http://www.socialstudies.org
Publication Type: Journal Articles; Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Canada; Mexico; United States
Grant or Contract Numbers: N/A