Why The U.S. Needs To Nail Down NaftaRudi Dornbusch
There is no more contentious economic issue in the U.S. today than the North American Free Trade Agreement (NAFTA)--free trade with Mexico, for short. Unfinished business left over from the Bush Administration, NAFTA has ballooned into a national debate. There is a lot of enthusiasm from business, quite a bit of sympathy from academic free traders, and passionate opposition from everyone else. Organized labor and its allies in Congress oppose NAFTA, as does a coalition of groups with preoccupations ranging from the environment to child abuse. This front includes Jesse Jackson and Ralph Nader, and if they weren't enough to lead the cause, Ross Perot has come on board to add his trivializing rhetoric.
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