What is NAFTA in stupid terms?

Question

What is NAFTA?

How does it effect immigration

Answer 1

The North American Free Trade Agreement is a free trade agreement among Canada, the United States of America, and Mexico, based on the model of the European Communities (today: European Union). NAFTA went into effect on January 1, 1994.

NAFTA called for immediately eliminating duties on half of all U.S. goods shipped to Mexico and Canada, and gradually phasing out other tariffs over a period of about 14 years. Restrictions were to be removed from many categories, including, but not limited to, motor vehicles and automotive parts, computers, textiles, and agriculture. The treaty also protected intellectual property rights (patents, copyrights, and trademarks) and outlined the removal of restrictions on investment among the three countries. Provisions regarding worker and environmental protection were added later as a result of supplemental agreements signed in 1993.

NAFTA has been controversial since it was first proposed. Transnational corporations have tended to support NAFTA in the belief that lower tariffs would increase their profits. Labor unions in Canada and the United States have opposed NAFTA for fear that jobs would move out of the country due to lower labor costs in Mexico. Some politicians have opposed free trade for fear that it will turn countries, such as Canada, into permanent branch plant economies. Farmers in Mexico have opposed and still oppose NAFTA because the heavy agriculture subsidies for farmers in the United States have put a great deal of downward pressure on Mexican agricultural prices, forcing many farmers out of business. Wages there have decreased by as much as 20 percent in some sectors

Answer 2

The North American Free Trade Agreement is a free trade agreement among Canada, the United States of America, and Mexico, based on the model of the European Union. NAFTA went into effect on January 1, 1994.

You probably already know the above and want a little more depth, don't you? If so, ALWAYS go to Wikipedia for info like this. It's by far the best resource out there for these kinds of answers--AND it's at a level most high school students (and some middle school students) can easily understand.

Stupid terms?
Funny but sad, too.
Doesn't the world call you enough names without you doing it to yourself?

Answer 3

North American Free Trade Agreement
In January 1994, Canada, the United States and Mexico launched the North American Free Trade Agreement and formed the world´s largest free trade area. The Agreement has brought economic growth and rising standards of living for people in all three countries.
Is that simple enough?

Answer 4

North American Free Trade Agreement

Answer 5

North American Free Trade Agreement