Some of the effects of free trade areas, such as the United States-Mexico-Canada Agreement (USMCA), formerly the North American Free Trade Agreement (NAFTA), are to encourage trade among the member nations and stimulate foreign investment from non-member countries. Was NAFTA now USMCA successful in stimulating trade and investment? What were the arguments for and against NAFTA? Does the USMCA materially improve the former NAFTA agreement? Why or why not?

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NAFTAUSMCA Effects on Trade and Investment Arguments and Changes Trade and Investment Trade NAFTAUSMCA undoubtedly increased trade between the member ... View the full answer