The Future of NAFTA
The future of NAFTA and its members looks bright. The United States is planning to continue its manufacturing in Mexico. This will help keep prices of goods down in the United States. Also, Canada is projected to slowly continue its upper trend of GDP and per capita. Predictions show that Canada will continue to export main goods to the United States and Mexico. Finally, it seems as if Mexico will have the biggest benefit in the future. They are predicted to be in the next group of developing nations which will help improve working conditions for low wage workers. Development will occur in not only the major cities and Mexico could potential become an economic super power.
Overall Consensus: the benefits of NAFTA will overall outweigh the cons, and the United States, Canada, and Mexico will continue to benefit from the trade agreement.
The future of NAFTA and its members looks bright. The United States is planning to continue its manufacturing in Mexico. This will help keep prices of goods down in the United States. Also, Canada is projected to slowly continue its upper trend of GDP and per capita. Predictions show that Canada will continue to export main goods to the United States and Mexico. Finally, it seems as if Mexico will have the biggest benefit in the future. They are predicted to be in the next group of developing nations which will help improve working conditions for low wage workers. Development will occur in not only the major cities and Mexico could potential become an economic super power.
Overall Consensus: the benefits of NAFTA will overall outweigh the cons, and the United States, Canada, and Mexico will continue to benefit from the trade agreement.