Abstrakt: |
Two important and interrelated benefits of the North American Free Trade Agreement (NAFTA) have been overlooked, equity and economic evolution. Economically, it will create new markets and opportunities that will generate economic growth and jobs in Arizona as well as in Mexico. NAFTA will, for mutual benefit, transfer technology, management and capital to a country whose economy is less than 5 percent of the United States. In Mexico and other developing nations, people who pay 70 percent of their income for food don't have discretionary income. In Russia, Eastern Europe and many nations where economic evolution is dramatic and difficult today, people make a leap of faith in the global markets capacity to create opportunity and their ability to capitalize on it. |