The North American Free Trade Agreement (NAFTA), signed in 1994, was met with both fervent support and fierce opposition. So, what did its supporters argue it would *do*? Primarily, they envisioned an economic powerhouse fueled by free trade between the US, Canada, and Mexico.
Key arguments included:
* **Economic Growth:** Supporters believed NAFTA would stimulate economic growth across all three nations by eliminating tariffs and trade barriers, leading to increased exports and lower prices for consumers.
* **Job Creation:** Advocates predicted NAFTA would create jobs, particularly in export-oriented industries, as companies gained easier access to larger markets.
* **Increased Foreign Investment:** NAFTA aimed to attract foreign investment to all three countries, boosting economic activity and modernization.
* **Enhanced Competitiveness:** By creating a larger, more integrated market, NAFTA proponents argued that North American businesses would become more competitive globally.
While the actual effects of NAFTA are still debated today, these were the core arguments that shaped the initial support for the agreement.
