NAFTA 20 years later: Success or failure?

he North American Free Trade Agreement (NAFTA) celebrated its 20th birthday on January 1. The agreement had a positive impact on economic growth and volume of trade in all three signatory states (Canada, Mexico and the US). In Mexico it has led to the growth of several economic sectors ? such as automobile, electronics and agriculture ? expanded the middle class, and created new jobs. Nonetheless, some believe NAFTA has proven to be a mixed blessing, as most of the newly-created jobs are low paying, and levels of poverty in Mexico actually increased between 2006 and 2012. Click here

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