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Publication Date: July 1993
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): Michael G. Wilson
Research Area: Trade
Keywords: Latin American
Type: Report
Abstract:
The United States, Mexico, and Canada are on the brink of a new era. With the NAFTA, the three countries are poised to greatly expand their commercial and economic ties and to create a more prosperous and competitive North American economic community. The NAFTA promises to build the world’s largest and wealthiest market, with some 360 million people and an economic output of over $6 trillion. Once approved, the free trade pact also will help sustain progress in other vital areas of cooperation, including anti-narcotics efforts, environmental protection, immigration, and human rights.