NAFTA+BY+JULIO+SALINAS

N. A. F. T. A The North American Free Trade is the trade block in North America created by the North America Free Trade Agreement (NAFTA) and its two supplements, the North American Agreement on Environmental Cooperation (NAAEC) and The North American Agreement on Labor Cooperation (NAALC), whose members are Canada, Mexico , and the United States. It came into effect on January 1, 1994 and to present 2008 it is the largest trade block in the world in terms of combined purchasing power parity GDP of its members. NAFTA includes two important side agreements on environmental and labor issues that extend into cooperative efforts to reconcile policies, and procedures for dispute resolution between the member states. NAFTA is known in French as ALENA (Accord de libre-échange nord américain), and in Spanish as TLC (Tratado de libre comercio) or TLCAN (Tratado de libre comercio de américa Del norte). The main purpose of NAFTA was so that the U.S was able to make more artifacts and gain more money at the same time. But for this to happen they had to hire either Mexican, or Canadian workers and pay them less for the work they were doing. By doing this the U.S accomplished its main purpose. This brought big controversy because it looked like as if the U.S was using Mexico and Canada as a resource to get more money out of a pact.

(http://www.law.duke.edu/lib/researchguides/nafta.html)