NAFTA

"One of the most dramatic, controversial and significant influences on the globalization of the engineering profession has been the 1994 North American Free Trade Agreement (NAFTA) between the United States, Canada and Mexico. NAFTA was designed to lower tariffs and increase international competitiveness. Based on original projections it was forecast that NAFTA would eventually create the world's largest market, comprised of 370 million people and 6.5 trillion of production-from 'the Yukon to the Yucatan." At present, NAFTA has created the second largest free trade market in the world, after the product of 7$ trillion. Large and small corporations around the world are feeling the impacts of NAFTA" Page 105