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Originally posted by AdamJ
what are you on about?
its just setting things up legally for a union, i dont think the trade balance has much to do with anything.
Originally posted by soficrow
RUDE! No reason for it.
NAFTA has produced benefits for transnational corporations, while for everyone else – workers, family farmers and small businesses in all three countries, the social and ecological environment on the U.S.-Mexico border – NAFTA has been a net loss.
10- It has sent Canada into a recession.
Originally posted by sardion2000
Been watching the news lately? That recession has been in the grave for at least 2 years. The more Oil and other Resources go up in price, the better our economy does. (INFACT Canada's economy has been outperforming both the US and Mex economy for many quaters now)
U.S. trade deficits with Canada under NAFTA in both agricultural and food products. The U.S. farm deficit with Canada increased from $100 million in 1993 to $1.1 billion in 2004 (U.S. International Trade Commission 2005). What had been, in 1993, a $1.2 billion U.S. food products surplus with Canada was transformed by 2004 into a $3.1 billion deficit. Thus, the U.S. trade balance with Canada in food and agricultural products suffered a net decline of $4.3 billion.