ABSTRACT

So far, North America’s free-trade has helped Mexico’s economy without hurting the United States.… According to its enemies, the North American Free-Trade Agreement would suck jobs and investment out of the United States and Canada into their poor southern partner, Mexico. Not that this would do Mexicans any good: it would put them at the mercy of rapacious capitalists pouring filth into Mexico’s air and rivers. To others, especially the governments of the three countries, NAFTA was the distributor of milk and honey. America and Canada, already linked by their own trade deal since 1989, would be enriched by the opening of Mexico’s economy; Mexico would rise on the flood of trade and investment from its wealthy new friends.