Elaborate the Debate on NAFTA

PROS:

1. trade between Mexico, Canada, and the United States has tripled to $1 trillion,

2. food exports to Mexico have grown at 8 percent annually,

3. Mexico has increased its exports and foreign direct investment,

4. U.S. manufacturing has become more cost competitive using components and subassemblies from Canada and Mexico.

CONS:

1. Hundreds of thousands of U.S. jobs have shifted below the border,

2. wage concessions have been forced upon those U.S. workers who remain employed in industries that outsource to Mexico,

3. the United States has run a persistent trade deficit with Mexico and Canada.