Impact Of NAFTA On The US Textile Industry

trespass of NAFTA on the US Textile Industry The Impact of NAFTA on the U.S. Textile Industry When the North American apologise Trade Agreement went into effect in 1994, many expressed fears that one consequence would be large job losings in the US textile industry as companies locomote production from the United States to Mexico. Opponents of NAFTA argued passionately, but unsuccessfully, that the treaty should not be adopted because of the negative impact it would receive on drill in the United States, particularly in industries such as textiles.

A glance at the data four days after the passage of NAFTA suggests the critics had a point. Between 1994 and mid-1997, about 149,000 US apparel workers lost their jobs, over 15 percent of tout ensemble employment in the industry. Much of this job loss has occurred because producers have moved production to Mexico. Between 1994 and 1997, Mexicos apparel exports to the United States trebled to $3.3 billion. In 1993, the US jeans maker...If you want to get a full essay, effectuate it on our website: Orderessay

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