NAFTA SHOULD BE RE-NEGOTIATEDNAFTA is an abbreviation for North American Trade Agreement. It was anagreement that was formed by two developed and one developing nation, Canada, UnitedStates and Mexico respectively in the year 1994. The aims of the trade agreement were thatthe countries would work towards the elimination of trade tariffs restriction on goods thatthey produced and that were traded among the nations thereby creating a liberal market foragricultural produce, automobile manufacturing industries, and the textile firms. More than20 years later after its formation, the trade agreement needs to be re-evaluated since severalthings that were essential considerations seemed to have fallen out of place. This is so for thecountry of Mexico.As it was during the beginning, Mexico had high expectations that through theopening up of its markets to the other two nations, there w ...
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