| The North American Free Trade Agreement (NAFTA) is a comprehensive trade liberalizing agreement among Canada, Mexico, and the United States. This is especially true for Agricultural trade between Mexico, and the United States. Agricultural trade barriers between Mexico and the United States were completely eliminated on January 1, 2008. The agreement facilitates cross-border investment, phytosanitary standards, cooperation regarding the environment and labor, and set up a dispute resolution procedure, and regular consultation procedures. Each of the countries entered NAFTA hoping to gain greater market access and growth in trade, as well as access to capital, technology, a favorable trade advantage and other gains. The question is, were these expectations... |
