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BY
SUSHIL GUJAR
ID:6894422
INTRODUCTION
NAFTA(North American Free Trade Agreement)
Includes United States, Canada and New mexico
HISTORY
. Existed in Jan 01 1994,implemented since 01 Jan 2008
Connects 450 million people
Produced 17.5 trillion goods
and services
Purpose was to reduce
trading costs,
increase business
environment.
DESCRIPTION
United States is the Largest Importer and Exporter
Trades 1.6 trillion goods with $397 billion exported
and $438 billion imported
Trades services of $99 billion in 2009 where services
showed $63.8 billion exported and $35.5 billion
imported all over U.S
U.S alone stands $28.3 billion
of total trade services.
EXPORTS
Canada and New Mexico are the biggest buyers of U.S
stated $248 billion and $163 billion respectively
Machineries,fuel,oil and plastic were the most
exported products with a total of $335.5 billion
includes,
agricultural products
and private commercial
services excluding
military and
government
IMPORTS
Canada and New Mexico exported a total of $506
billion in 2010 alone to United States
Apart from oil and machineries, crude oil,gold ($329)
U.S imported agricultural products stating $29.8
billion including,private
commercial services
of $35.5 billion in 2009.
IMPACT ON CANADA
ADVANTAGES
Economic growth increased by 3.6% as compared to
3.3 %
Employment increased from 14.9 to 15.7 million in
2011.
IMPACT ON CANADA
DISADVANTAGES
It lacked labour laws and policies
It decreased the labour costs and the production costs
Exploitation in terms of social, economic and physical
Low on job security
Excluded the workers rights,
The maintenance of social
investments.
IMPACT ON CANADA
Protests
THANK YOU
THANK YOU

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NAFTA

  • 2. INTRODUCTION NAFTA(North American Free Trade Agreement) Includes United States, Canada and New mexico
  • 3. HISTORY . Existed in Jan 01 1994,implemented since 01 Jan 2008 Connects 450 million people Produced 17.5 trillion goods and services Purpose was to reduce trading costs, increase business environment.
  • 4. DESCRIPTION United States is the Largest Importer and Exporter Trades 1.6 trillion goods with $397 billion exported and $438 billion imported Trades services of $99 billion in 2009 where services showed $63.8 billion exported and $35.5 billion imported all over U.S U.S alone stands $28.3 billion of total trade services.
  • 5. EXPORTS Canada and New Mexico are the biggest buyers of U.S stated $248 billion and $163 billion respectively Machineries,fuel,oil and plastic were the most exported products with a total of $335.5 billion includes, agricultural products and private commercial services excluding military and government
  • 6. IMPORTS Canada and New Mexico exported a total of $506 billion in 2010 alone to United States Apart from oil and machineries, crude oil,gold ($329) U.S imported agricultural products stating $29.8 billion including,private commercial services of $35.5 billion in 2009.
  • 7. IMPACT ON CANADA ADVANTAGES Economic growth increased by 3.6% as compared to 3.3 % Employment increased from 14.9 to 15.7 million in 2011.
  • 8. IMPACT ON CANADA DISADVANTAGES It lacked labour laws and policies It decreased the labour costs and the production costs Exploitation in terms of social, economic and physical Low on job security Excluded the workers rights, The maintenance of social investments.