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Topic: Miscellaneous
Number of pages / Number of words: 8 / 2020
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With the loss of jobs in the US and the weakening dollar, production of goods in Mexico seems to be more attractive to US firms. Many US manufacturing plants shut down and move to Mexico where the labor is cheaper. With NAFTA, many of the large corporations' are taking advantage of this situation and moving their manufacturing plants to Mexico...


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So as we can see, NAFTA is not working as it was intended but just the opposite. The US is losing jobs and we are buying more goods from across the borders while reducing the amount we export. The idea was good, but the performance so far has been very poor. By reducing the amount of US jobs and increasing the amount of trade deficits to other countires, the automotive industry is hurting itself...


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