The celebrations of NAFTA’s 10th anniversary are far more muted than those involved in its creation might have hoped. In the United States, the North American Free Trade Agreement has failed to fulfill the most dire warnings of its opponents and the most fervent expectations of its supporters. In Mexico, however, the treaty remains controversial and even harmful—as do America’s efforts to liberalize trade throughout the hemisphere.
There is some good news. In America, the "giant sucking sound of jobs being pulled out of this country" that Ross Perot predicted never quite materialized. The first six years of NAFTA saw unemployment in the United States fall to new lows. NAFTA has brought some benefits to Mexico as well; it was trade with-America, fueled by NAFI’A, not the bailout of Wall Street lenders, that was responsible for Mexico’s quick recovery after the financial crisis of December 1994.
But while Mexico benefited in t
A. can not win the competition between China and other countries.
B. relies on the prosperity of American economy.
C. can not develop into an independently productive economy.
D. mainly engage itself in agriculture.
The celebrations of NAFTA’s 10th anniversary are far more muted than those involved in its creation might have hoped. In the United States, the North American Free Trade Agreement has failed to fulfill the most dire warnings of its opponents and the most fervent expectations of its supporters. In Mexico, however, the treaty remains controversial and even harmful—as do America’s efforts to liberalize trade throughout the hemisphere.
There is some good news. In America, the "giant sucking sound of jobs being pulled out of this country" that Ross Perot predicted never quite materialized. The first six years of NAFTA saw unemployment in the United States fall to new lows. NAFTA has brought some benefits to Mexico as well; it was trade with-America, fueled by NAFI’A, not the bailout of Wall Street lenders, that was responsible for Mexico’s quick recovery after the financial crisis of December 1994.
But while Mexico benefited in t
A. disappearance of jobs.
B. hiring worker from other countries.
C. being deprived of jobs by competition from other country.
D. increasing of job opportunities.
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