NO240 Lecture Notes - Lecture 7: Equal Rights Amendment, Demography Of The United States, Common Sense Revolution
Document Summary
Nafta (north american free trade agreement) remains a very controversial document that has shaped the economic history of canada, the us and mexico. Opinion on whether nafta is beneficial or not varies by person analyzing it. It tied three very different nations with divergent political, economic and social histories together in an economic accord. Opinion is divided over who are the ultimate winner and losers since its inception. In may of 1986 canada and the us began negotiations for a bilateral free trade arrangement. Auto pact evolved into nafta- recognized market conditions and influence of asia. A deal was penned in october of 1987 and it became a very controversial election issue in 1988. Mulroney and the conservatives won despite the fears that canadian jobs would be lost and. Canadian culture would become too americanized despite assurances from the government. The us-canada free trade agreement (us-cfta) came into effect on january 1st, 1989.