What You Don't Know about NAFTA
The free-trade deal is taking the blame for huge job losses. But its true effects on workers and competitiveness are far more complicated
... the world has changed so profoundly since 1994 that trying to pin specific job losses and gains directly on Nafta is an exercise in futility. Myriad free-trade deals, from bilateral pacts to the World Trade Organization, have been struck since. Nations in Asia, Latin America, and Central Europe have opened up to foreign investment and have deregulated local industries. China has emerged as the world's workshop. Emerging-market crises and spendthrift ... Full Story »
Posted by Kaizar Campwala
