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struggling Canadian economy would feel the effects. ConclusionIn conclusion of my research on NAFTA from its historical beginning to the present, the future of North America Free Trade Agreement stands at a crossroad. There have been clear benefits for the U.S., Canada, and Mexico throughout the past 22 years of its existence. From jobgrowth, foreign investments, and increased trade among the three countries. Research has also shown that there are disadvantages that have effected possible American jobs and Companies going abroad for the benefits of lower labor cost and VAT tax. Economist has debated with all thechanges in technology and other factors, such as trading with other foreign countries such as China. NAFTA has drawn the attention of the United States President Donald Trump, he has planned to work with Canada, and Mexico renegotiates the free trade agreement. The meetings are scheduled, and the three countries are all willing to make changes to NAFTA that are
NAFTA Page10reasonable for all included parts. It is yet to be known the outcome or the possible effects that therenegotiations will have on The North America free trade Agreement and if U.S. will stay or withdraw. In hopes for growth of the United States economy and jobs for the American people, NAFTA renegotiations could be just what our country needs. Time will tell….References
NAFTA Page11Amadeo, K. (2016, November 30). What Is the History and Purpose of NAFTA? from Collvin, J. (2015, September 25). GOP front-runner Donald Trump calls NAFTA trade deal a 'disaster,' says he'd 'break' the deal . Retrieved January 26, 2017, from -says-hed-break-itLanthemann, M. (2014, January 7). NAFTA and the Future of Canada, Mexico and the United States. Retrieved January 25, 2017, from -future-canada-mexico-and-united-statesMcbride, J., & Sergie, M. A. (2017, January 24). NAFTA's Economic Impact. Retrieved January 25, 2017, from NAFTA, 20 Years Later: Do the Benefits Outweigh the Costs? (2014, February 19). Retrieved January 25, 2017, from -later-benefits-outweigh-costs/North American Free Trade Agreement (NAFTA) | United States Trade Representative. (n.d.). Retrieved January 25, 2017, from -agreements/north-american-free-trade-agreement-nafta
NAFTA Page12Sherman, E. (2016, December 06). NAFTA Is Here To Stay, Even Under Trump. Retrieved January 25, 2017, from -here-to-stay-even-under-trump/#76089657560f