TRADE: NAFTA – lessons for Australia*

With Australia on the brink of negotiating a Free Trade Agreement with the United States, it is timely to look at the North America Free Trade Agreement (NAFTA), signed about ten years ago, and introduced in January 1994.At the time of its introduction, NAFTA was trumpeted as a necessary step to lift Mexico into the level of developed nations, and as a substantial benefit to the United States and Canada, by giving them access to Mexico’s growing population of about 105 million people, and ultima…

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