NAFTA and its Effects for all Parties Involved

In the past decade, the world's business practices have become increasingly globalized.
A main reason for this is increased free trade between nations. Members of the industrialized
world have joined trade alliances with others in close proximity to them. One of the most
important and controversial of these alliances is the North American Free Trade Agreement
(NAFTA), consisting of Canada, the United States, and Mexico, and NAFTA quickly became a
major force in the global economy.
Negotiations for the agreement began in 1993, when the Canada United States Trade
Agreement (CUSTA), a…