American Free Trade Agreement Is The United States Become...

Introduction Companies seem to be taking greater risks today than they did 30 years ago and this should have investors concerned. Most working Americans are investing a portion of their earning into a 401K plan tax free; all in hopes when they retire, they can receive a monthly payment to subsidize their Social Security income. As the working class continue to invest, they need to wonder about the companies associated with in their 401K plan. As companies use others money to expand and advance into foreign markets, the consumer is allowing others to gamble with their hard-earned money. Compared to 50 years, the number of imports and exports among the various countries is hard to believe, let alone for the majority of consumers to understand. In 1994, President Clinton chose to have the United States become trading partners with Canada, and Mexico. Since the North American Free Trade Agreement (NAFTA) was signed into law Council on foreign relations (2016) and trading of goods i n 1993 was $290 billion and this year trading exceeds $1 trillion dollars. The economic impact trading between these three countries is seen in job creation in agriculture and the automobile industry. Risk is part of business, the million-dollar question is; how much risk is one company, one investor, or one country willing to take? Just as with NAFTA in 1994, there was risks, and President Obama put the United States at risk by opening up trade deals with Cuba (Foxnews.com, 2015). As tradeShow MoreRelatedCanada Joining Trans-Pacific Partnership Essay1502 Words   |  7 Pages Introduction: Pros and Cons of Canada Joining Trans-Pacific Partnership Trans-Pacific Partnership is a trade block that seeks to bring together countries from the Asian continent with those in the South and North America, especially those sharing the pacific coastline. 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