People Prosper From Free Trade: NAFTA and Texas

Texas Public Policy Foundation, 1-10, 2018

12 Pages Posted: 1 Jun 2018

See all articles by Vance Ginn

Vance Ginn

Texas Public Policy Foundation

Elliott Raia

Texas Public Policy Foundation - Center for Economic Prosperity

Dayal Rajagopolan

Texas Public Policy Foundation - Armstrong Center for Energy and the Environment

Date Written: May 1, 2018

Abstract

The 1994 North American Free Trade Agreement (NAFTA) is a trilateral trade deal between the U.S., Mexico, and Canada designed to reduce transaction costs among Americans, Mexicans, and Canadians. Critics argue that NAFTA is a bad trade deal that impoverishes Americans by giving an unfair advantage to people in other countries. They have pushed to renegotiate NAFTA in the spirit of “fair trade” to reduce trade deficits and bring jobs back to the U.S. However, research shows NAFTA has positively contributed to increased U.S. economic activity and job creation.

Keywords: NAFTA, Trade, Fiscal Policy

Suggested Citation

Ginn, Vance and Raia, Elliott and Rajagopolan, Dayal, People Prosper From Free Trade: NAFTA and Texas (May 1, 2018). Texas Public Policy Foundation, 1-10, 2018. Available at SSRN: https://ssrn.com/abstract=3181023

Vance Ginn (Contact Author)

Texas Public Policy Foundation ( email )

901 Congress Avenue
Austin, TX 78701
United States
7134785255 (Phone)

HOME PAGE: http://www.texaspolicy.com/experts/detail/vance-ginn

Elliott Raia

Texas Public Policy Foundation - Center for Economic Prosperity

Austin, TX
United States

Dayal Rajagopolan

Texas Public Policy Foundation - Armstrong Center for Energy and the Environment

Austin, TX
United States

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