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North American Free Trade Agreement: A Focus on the Substantive Issues: Congressional Testimony
Explains the reasons why most economic forecasters

Our Price: $15.00
By Allan I. Mendelowitz (au)
Year: 1993
Pages: 10
Binding Paperback

Product Code: 1422310442

Explains the reasons why most economic forecasters conclude that the NAFTA will have small net macroeconomic & employment gains for the U.S. & Canada. Argues that benefits gained will be accompanied by adjustment costs that may fall more heavily on certain sectors of the economy & labor force. Therefore, if NAFTA is ratified, Congress should ensure that an effective & well-funded adjustment program is in place to aid workers who bear the heaviest burden. The ultimate decision on NAFTA should come from a weighing of its broad-based benefits & its costs, as well as the potential adverse impact of its rejection.

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