Essay Examples on Belmont University

The North American Free Trade Agreement

The North American Free Trade Agreement is a treaty that includes three countries America Canada and Mexico NAFTA is the world s biggest free trade agreement The GDP of its individuals is worth more than 20 trillion NAFTA was the outcome of 14 months of escalated debate in 1991 and 1992 It was approved by the Canadian the U S also Mexican government bodies in 1993 and was made official in January 1994 Before NAFTA Canada and the U S had an exchange agreement called the Canada U S America is Canada's biggest exchanging partner by a wide margin Indeed the value of the Canadian and U S trade was worth an outstanding 752 billion dollars Here are ways Canadians have benefited from NAFTA more selection of goods expanding trade volume expanding foreign direct investment freer movement of professionals and investors across the border the growth of new occupations more income coming into the Canada Canadian Government and Canadian recognition looking at an international perspective was increasing drastically The unique Canadian identity was being realised and being looked at more considering the fact that Canada was part of the biggest trade agreement Also this might also brink curiosity in other countries and they might try to become trading partners or engaged in some kind of activity with Canada and get to know them This will spread awareness of Canada thus developing the Canadian identity Section B Canada's energy future lies in the oil sands 

2 pages | 474 words