Lecture 21

Lecture 21 - Developing Countries Want foreign direct...

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Developing Countries: Want foreign direct investment from developed country and they want to export from their county to the developed county. The richest states in Mexico are in the Northern State, as a result of outsourcing. (Maquilladores). This has led to mass population migration in Mexico northwards. NAFTA Effects on US: Nafta is not much of a triad. There is virtually no or little tie between Canada and Mexico. Job loss: NAFTA has been around since 1995, which is 15 years. Approx 2,500 jobs are loss to Mexico because of NAFTA a month. However, this number is extremely small and trivial, in other words, too small to see. Because products are cheap, people who buy Mexican products have more purchasing power to buy other products. Job increase in Mexico discourages illegal immigration from Mexico. Having a strong southern neighbor is advantageous to the United States for this reason mainly. Affects of NAFTA on US are minimal
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This note was uploaded on 04/13/2011 for the course GEOG 20 taught by Professor Acker during the Fall '08 term at Berkeley.

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Lecture 21 - Developing Countries Want foreign direct...

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