Chapter_08r2 - NAFTA Results All countries experienced...

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NAFTA Results All countries experienced strong productivity growth The United States has lost 110,000 jobs per year due to NAFTA Many economists dispute this figure because more than 2 million jobs a year were created in the US during the same time period The most significant impact of NAFTA has not been economic, but political
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The Andean Community Bolivia, Chile, Ecuador, Colombia, and Peru signed an agreement in 1969 to create the Andean Pact The Andean Pact was largely based on the EU model, but was far less successful at achieving its stated goals By the mid-1980s, the Andean Pact had all but collapsed and had failed to achieve any of its stated objectives Nearly failed. Rejuvenated in 1990 in the Galapagos Declaration
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Mercosur Originated in 1988 as a free trade pact between Brazil and Argentina The pact expanded in March 1990 to include Paraguay and Uruguay These countries have: A combined population of 200 million An average annual growth rate of 3.5% for GDP MERCOSUR countries have
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