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Avery TrendelBlock 3
Chapter 3, Trade Agreements
What is NAFTA?NAFTA is the North American Free Trade
AssociationMexico, Canada, and The United States are
involved with this.It began in 1993.
Advantages of NAFTAAllows each country to specialize and be
more efficient.Opens up the Mexican market.Access to a pool of relatively cheap labor.
Disadvantages of NAFTAPotential loss of jobsEnvironmental problemsHidden Costs
International Companies that sell to the USToyotaNintendoFerrari
Wal-MartWal-Mart does business with 14 countries
outside of the United StatesWal-Mart operates in Mexico as Walmex.In Japan it is called SeiyuThe UK calls it ASDA