Answered

According to Clinton, what were two ways that NAFTA would affect the United States, and what were three ways that NAFTA would affect Mexico?



Answer :

GinnyAnswer

Final answer:

NAFTA's impact on the US and Mexico, including effects on wages, investment, agriculture, and trade.


Explanation:

NAFTA's Impact on the United States: According to Clinton, NAFTA would affect the United States by leading to rapid job growth and low unemployment, contrary to fears of job loss due to trade with Mexico.

NAFTA's Impact on Mexico: NAFTA had severe effects on Mexico, leading to declining wages, increased foreign investment but decreased total investment, stagnation in development, and a significant decline in the purchasing power of the minimum wage.

Effects on Agriculture: Mexican farmers faced challenges competing with imports, and trade between the US and Mexico, excluding intrafirm trade, may have declined post-NAFTA.


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