Chapter 3 part 2

Jordan May

NAFTA

• NAFTA is the North American free Trade Agreement

• United States, Mexico, and Canada

• Started in 1944

Advantages of NAFTA

• Free trade with some countries

• Lower taxes on certain goods from those countries

• Generates jobs

Disadvantages of NAFTA

• Potential loss of jobs

• Environmental hazards

• Lower safety and health standards

Multinational companies from US

• Coca-Cola

• LEGO

• Amazon.com

International in the US

• Glaxo Smith Kline

• Sanafi-Aventis

• Toyota

Wal-Mart

• 14 countries

• 50 different names