NAFTA Turned U.S., Canada And Mexico Into Single Giant Market
NAFTA Turned U.S., Canada And Mexico Into Single Giant Market Save Email Print
Posted: 8:00 AM Mar 23, 2005
Last Updated: 6:56 PM Mar 22, 2005

A | A | A

The 10th anniversary of the North American Free Trade Agreement passed without much fanfare last year because of continuing concerns about terrorism and the war in Iraq, but the pact has made permanent and lasting changes in the North American landscape.

The agreement, which took effect on Jan. 1, 1994, turned the U.S., Canada and Mexico into an integrated market of almost 400 million people and solidified the trade relationship among the three countries.

NAFTA made Canada and Mexico the state’s top trading partners, economist Dr. Ray Perryman said.

Perryman says while Canada remains an important market for Texas, Mexico is the key to growth in exports from the state.

But NAFTA is not without its critics.

Opponents charge the agreement benefits powerful corporations at the expense of workers, giving rise to both economic and human rights issues.

NAFTA has cost U.S. workers almost 900,000 jobs and job opportunities, AFL-CIO President Joe Sweeney wrote Monday in a Boston Globe opinion piece.

“NAFTA was supposed to open markets for American goods and services, creating high-paying jobs at home and prosperity abroad,” Sweeney wrote.

“But the opposite has occurred. In 11 years under NAFTA, the US trade deficit with Canada and Mexico ballooned to 12 times its pre-NAFTA size, reaching $111 billion in 2004,” he wrote.

Click Here To Read The North American Free Trade Agreement

Click Here For NAFTA Secretariat Web Site

Click Here For AFL-CIO Web Site

More Stories
One Car Wreck Kills Teen; Injures Three

Former NFL QB Steve McNair Shot To Death

Fireworks Explosion Kills One, Injures Four Saturday

Rollover Accident Sends One Man To Hospital

Man Dies In Early-Morning Texas Shooting

Giant Independence Day Tea Party Planned In Texas

Holiday Subdued In Small Town With Killer On The Loose

Most Texas Prison Inmates Face The Summer Without AC

KWTX.com Features
Double Dollar Deals
Half Price Deals at Central Texas restaurants and businesses. A new deal every Thursday at 7:00am.
Boss of the Month
Who is Central Texas’ best boss? Nominate your supervisor for Boss of the Month!
Golden Apple
Your chance to nominate an outstanding teacher. Find out how they are making a difference in classrooms.
Emily Wants to Know
Emily Matthews' inquisitive look at life in Central Texas.
10 On Your Side
Answers from our experts on topics that affect YOU.
Job of the Week
Click now to see hundreds of other jobs on Job Board TV!


Secretary to VP - Sedona Staffing is seeking a Secretary for VP of Local Hospital. Proficient in Microsoft Word, Excel, Access, Power Point, and Outlook Express Accurate typing of 70 wpm. Excellent written and verbal communication. Must be flexible and able to work under pressure. Must be neat, organized, and professional.

Applications are accepted at the Plant Security Office, 3000 Pegasus Dr., Temple or may be submitted through the Texas Workforce Center in Temple or Killeen.

Also, take a look at the most recent jobs posted to Job Board TV at KWTX.com:
View More Jobs.