- Introduction
The proposed study shall examine the effects of Foreign Direct Investment (FDI) after implementation of the North American Free Trade Agreement in Mexico. The purpose of this paper is to establish the effect of the North American Free Trade Agreement, otherwise known as NAFTA on the foreign direct investments that Mexico has received as an effect of the implementation of the NAFTA. Mexico, along with the United States and Canada, has created a trilateral trade block that came into force on January 1, 1994. The goal of the NAFTA is to promote trade and investments between the ...
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Detroit was once the richest city in the entire United States. With an already established automobile manufacturing industry, Detroit after the Second World War experienced its highest levels of prosperity. However, Detroit today is a mere shadow of this prosperous and progressive city. Detroit’s vast rows of empty houses, dilapidated structures, abandoned factories, and decaying warehouses show how much of Detroit is left.
Moreland (2013) claims that the continuing decline of Detroit’s local economy is due largely to the effect of the US joining the North American Free Trade Agreement or NAFTA . He states that the continuous ...
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