Which Of The Following Countries Is Not A Member Of The North American Free Trade Agreement

Many critics of NAFTA saw the agreement as a radical experiment developed by influential multinationals who wanted to increase their profits at the expense of ordinary citizens of the countries concerned. Opposition groups argued that the horizontal rules imposed by nafta could undermine local governments by preventing them from enacting laws or regulations to protect the public interest. Critics also argued that the treaty would lead to a significant deterioration in environmental and health standards, promote privatization and deregulation of essential public services, and supplant family farmers in the signatory countries. The passage of NAFTA has removed or removed barriers to trade and investment between the United States, Canada and Mexico. The impact of the agreement on issues such as employment, the environment and economic growth has been the subject of political controversy. Most economic analyses have shown that NAFTA has been beneficial to North American economies and the average citizen,[5][6] but has been detrimental to a small minority of workers in sectors subject to trade competition. [7] [8] Economists have estimated that the withdrawal from NAFTA or the renegotiation of NAFTA, in a way that would have created restored trade barriers, would have affected the U.S. economy and cost jobs. [9] [10] [11] However, Mexico would have been much more affected, both in the short term and in the long term, by the loss of jobs and the reduction of economic growth.

[12] The Free Trade Commission (FTC) is NAFTA`s most important body and monitors the performance and development of NAFTA. It is also responsible for dispute resolution and is composed of the U.S. Trade Representative, Canada`s Minister of International Trade and Mexico`s Minister of Trade and Industrial Development. The FTC`s day-to-day work is carried out by expert groups and committees. This authority was defined in section 2001, paragraph 2, of NAFTA, which expressly gave the FTC the power to work ”of all the committees and working groups that are targeted at … [NAFTA]… agreement.” The FTC also has, in Section 2001 (3), the power to ”… Delegates, the non-governmental council… Groups and take…

[unspecified] other actions ”.

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