Regional Economic Integration and NaftaRegional Economic Integration and NaftaWhat are the pros and cons of regional economic integration?Regional economic integration is the agreements among countries in a geographic region to reduce/remove tariff & non-tariff barriers to the free flow of goods, services & factors of production with each other.
The pros–By connecting economies and making them gradually more dependent on each other creates motivation for political cooperation and decreases the possibility for violent conflict
By classifying economies, countries can improve their political weight in the worldEconomic integration entails that members give up some level of control over monetary policy, fiscal/tax policy and trade policyThe cons–Advantages of regional integration have been oversold and the costs have often been ignoredThe high-cost domestic producers are replaced by low-cost producers within a regionThe low-cost external suppliers are replaced by higher-cost suppliers within the regionRegional trading alliances could emergeHow has NAFTA affected your business?NAFTA is supposed to provide for labor equity across national borders. Unfortunately, NAFTA sanctions dont apply to the entertainment
Because the U.S. has a large, vibrant and growing economic growth sector, NAFTA has harmed us too much. If you want a little more freedom and freedom of choice to your workers, NAFTA is a plus!Our workers in our borders have been hurt by the government sanctions resulting from the NAFTA trade dealThe best part is that the U.S. is able to stay out of any dispute due to our massive economic and financial strength as a nation.As a result of NAFTA’s overpayment and overregulation, there are now almost 60,000 Mexican farmworkers living in states of NAFTA’s jurisdiction. The U.S. has received nearly $3 billion from over 300 foreign governments. This money means that $2 trillion has yet to be spent on a meaningful U.S.-Mexican trade relationship, but that hasn’t stopped thousands of Mexican families from being affected. That investment has been making Mexican families feel bad for a year, not better.This economic downturn in Mexico is taking it to a higher place!This is the type of news you’ll need to be working out for yourself.
One of the ways NAFTA has played havoc with our economy and has had devastating consequences is not just the lack of jobs but also the lack of federal control over NAFTA regulations that have prevented our workers from making decent in this nation. NAFTA has created a major trade deficit that threatens to be in line with the U.S. GDP. This is not just about the benefits—it is also impacting our wages, which is hurting these low-income Mexican families and creating the same number of jobs that the Mexican people are losing.There are many other things that have happened in this NAFTA deal that should cause more concern. The president’s failure to understand NAFTA has created a situation where the government is pushing it right before our eyes. The current level of federal regulation and oversight has led us to one of the most unequal economic conditions in human history.The U.S., where my family lives, is struggling to meet international demand. I want to make changes to help make the situation better for future generations. Our government cannot afford to ignore our plight… We must unite and build a better future for our family. We need you to support that. You should also support the labor laws, labor trade deals, and trade agreements that have been broken and broken many times before to protect our workers. 
Ongoing NAFTA trade deal