Many analysts explain these differences in results by the fact that the Mexican economy is „two-speed”, where NAFTA has led the growth of foreign investment, high-tech production and wage growth in the industrial north, while the south, largely agricultural, has remained disconnected from this new economy. University of Pennsylvania economist Mauro Guillen argued that Mexico`s growing inequality is due to NAFTA workers receiving much higher wages from trade-related activities in the north. The overall effect of the agricultural agreement between Mexico and the United States is controversial. Mexico has not invested in the infrastructure needed for competition, such as efficient railways and highways. This has led to more difficult living conditions for the country`s poor. Mexico`s agricultural exports increased by 9.4% per year between 1994 and 2001, while imports increased by only 6.9% per year over the same period. [69] NAFTA allows your company to send qualified goods to customers in Canada and Mexico duty-free. Goods can be challenged in different ways depending on NAFTA`s rules of origin. This may be because the products are fully obtained or manufactured in a NAFTA party, or because, according to the product`s rule of origin, it takes enough work and equipment in a part of NAFTA to make the product what it is when it is exported. Neither the worst fears of Canadian trade opponents – that open trade would erode the country`s manufacturing sector – nor the highest hopes of NAFTA proponents – that this would lead to a rapid increase in productivity – have been realized.

Employment in Canada`s manufacturing sector has remained stable, but the productivity gap between the Canadian and U.S. economies has not been closed: until 2017, Canada`s labour productivity remained at 72% of the U.S. level. The North American Free Trade Agreement (NAFTA), which came into force in 1994 and created a free trade area for Mexico, Canada and the United States, is the most important feature of bilateral trade relations between the United States and Mexico. On January 1, 2008, all tariffs and quotas for U.S. exports to Mexico and Canada were eliminated under the North American Free Trade Agreement (NAFTA). In 1992, President George H.W. Bush signed shortly before his resignation from NAFTA. It then returned to the legislators of the three countries for ratification. In 1993, President Bill Clinton signed it. NAFTA came into force on January 1, 1994. Fifth, all NAFTA countries were required to respect patents, trademarks and copyrights.

At the same time, the agreement ensured that these intellectual property rights did not interfere in trade. Edward Alden of CFR says the fear of trade deals has increased because wages have not kept pace with labour productivity, while income inequality has increased. To some extent, he says, trade agreements have accelerated the pace of these changes because they have „strengthened the globalization of the U.S. economy.” Canada has seen strong growth in cross-border investment in the NAFTA era: since 1993, U.S. and Mexican investment has tripled in Canada. U.S. investment, which accounts for more than half of Canada`s fleet, has grown from [PDF] $70 billion in 1993 to more than $368 billion in 2013. After diplomatic negotiations in 1990, the heads of state and government of the three nations signed the agreement on 17 December 1992 in their respective capitals. [17] The signed agreement had to be ratified by each country`s legislative or parliamentary department. The three parties responsible for the training and management of NAICS are the Instituto Nacional de Estadistica y Geografia in Mexico, Statistics Canada and the U.S.

Bureau of Management and Budget, through its Economic Classification Policy Committee, which also includes the Bureau of Economic Analysis, the Bureau of Labor Statistics and the Bureau of Census.