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By Wes
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Benefits NAFTA created the world’s
largest free trade area, linking 444 million people and producing $17
trillion in goods and services annually. Estimates are that NAFTA increases
U.S. GDP by as much as .5% a year. Trade between the NAFTA signatories
tripled, from $297 billion in 1993 to $1 trillion in 2007. Exports from the Under $50,000 income 60% $50-$100,000 income 70% Over $100,000 income 82% |
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Benefits NAFTA created the world’s
largest free trade area, linking 444 million people and producing $17
trillion in goods and services annually. Estimates are that NAFTA increases
U.S. GDP by as much as .5% a year. Trade between the NAFTA signatories
tripled, from $297 billion in 1993 to $1 trillion in 2007. Exports from the Under $50,000 income 60% $50-$100,000 income 70% Over $100,000 income 82% |
Risks This new free
trade policy MUST include all countries, not just a few. “Trade has been a
cornerstone of our growth and global development. But we will not be able to sustain
this growth if it favors the few, and not the many. Together, we must
forge trade that truly rewards the work that creates wealth, with meaningful
protections for our people and our planet. This is the moment for trade that
is free and fair for all.” –Barak Obama, Speech in |
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More financial help should go to less developed countries to help the start up free trade agreement with bigger countries. Developed countries should sign FTAs with the LDCs to help them catch up to the rest of the global economy. You can support, join and learn more about the WTO here. |
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By Stephen The education part of this proposal wouldn’t really work out that well because of costs are too high and the way it would drastically affect resources so I give the proposal a 6 out of 10. Education is a key factor in fighting poverty, but eliminating the upper and lower class and creating one middle class will significantly drain all the limited resource faster. |
We should develop an education system that help gives structure and food to communities at the same time. We should also take into account so of the environmental and energy aspects before creating a global middle class. |
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The proposal
for a high level of education for everyone is a good thought but the cost of
it would be enormous. In |
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