Since NAFTA took effect 22 years ago in 1994, it has played a major role in shaping the way the US economy United States has grown and changed in this area. period of time. By providing provisions to end tariffs and make international banking much easier, NAFTA has had a myriad of both positive and negative effects on the United States economy. Although NAFTA led to the elimination of many manufacturing jobs in the United States, it also increased trade and strengthened the economies of Canada and Mexico, creating an economic safety net in times of crisis. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay The main provisions of NAFTA are presented below. Of these provisions, most have benefited the economies of each member country, but in different ways. The United States is able to export cars and agricultural products more cheaply to Mexico and Canada, and American companies can make greater profits by having their products manufactured in Mexico, where the labor force is much cheaper, which, in turn, provides many manufacturing jobs for Mexican workers. . Canada is also able to export agricultural products more freely, as well as import and export by truck. These advantages, however, have certain disadvantages. It has become prohibitive for American companies to manufacture their products locally, leading to the elimination of low-skilled jobs in American communities and increasing the amount of carbon emissions emitted by the process of trucking goods to their market of planned consumption. This also caused the United States to carry a huge trade deficit of around $47 billion. On top of this, it is often forgotten that the relaxed trucking regulations outlined in NAFTA allow Canada to cheaply export landfilled waste to Michigan (over 7.6 million tonnes in 2013). , causing more air and water pollution, as well as landscape horrors. state residents.Keep in mind: This is just a sample.Get a custom paper now from our expert writers.Get a Custom EssayOverall, NAFTA represented a key improvement in diplomatic relations in North America. While it may be partly responsible for the gross increase in U.S. GDP, it has also created more than its fair share of economic and environmental problems, from widespread unemployment among manufacturing workers to a sharp swing in the deficit commercial. Ultimately, this is beneficial for big American businesses, but it makes it harder for many working-class Americans to earn a living and makes the United States less viable as a war economy by outsourcing our manufacturing jobs..