"was hearing testimony concerning nafta. if this agreement is signed as it is currently drafted, the next thing you will hear will be a giant sucking sound as the remainder of our manufacturing jobs00what's left after the two million that went to asia in the 1980s00get pulled across our southern border." 00 ross perot, not for sale at any price
according to ross perot, the "giant sucking sound" is the (5 points)
increase in american jobs he predicted nafta would cause
loss of jobs to mexico that he predicted nafta would cause
increase in u. s. jobs that would happen if they altered nafta
loss of jobs to mexico that would happen if they altered nafta
C.Loss of jobs to Mexico that he predicted NAFTA would cause
North American Free Trade Agreement is a treaty entered by the United States, Canada and Mexico which came into effect on January 1,1994 it was sign by President Clinton, it was the largest free trade agreement in the world. It goal was to reduce trading cost, increase business investment and help North America be more competitive in the global market, and it was created as a response to trade competition posed by China and the EU.
According to the testimony given to the Congress ,North American Free Trade Agreement(NAFTA) skeptics cite the loss of United States manufacturing jobs as a reason to criticize. This skeptics cited was right because according to CFR, the United States auto sector actually lost roughly 350000 jobs between 1994 and 2016 and many of the job lose were taken up by worker in mexico.
Loss of jobs to Mexico