To put you in the right frame of mind the, year is 1991. George H. W. Bush is president, Operation Desert Storm came and went, and prior to the signing of NAFTA, the only trade agreement resembling it in North America was the Canadian-United States Free Trade Agreement (CUSFTA). With CUSFTA coming into its junior year, President Bush was getting ready to launch another trade agreement involving the United States and Mexico. With talks already under way between President Bush and Mexican President Carlos Salinas De Gortari outlining the agreement. Canada was beginning to conjure up fears within its own administration that this new trade agreement between the United States and Mexico might cause CUSFTA to take a back seat. These fear-mongers main campaign point was that this agreement with Mexico would cause cheap Mexican labor to undercut the Canadian work force, slowing trade with Canada to a trickle. So, with this fear firmly griping Canadian political and economical big wigs, Canada requested to participate in what would become NAFTA in 1994.
Beside the purpose tha...
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SICE: Trade Agreements: North American Free Trade Agreement. (n.d.). SICE the OAS Foreign Trade Information System. Retrieved July 14, 2010, from http://www.sice.oas.org/trade/nafta/naftatce.asp
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