NAFTA In January 1‚ 1994‚ the North American Free Trade Agreement (NAFTA)‚ a state-of-the-art market-opening agreement‚ came into force. Since then‚ NAFTA has systematically eliminated most tariff and non-tariff barriers to trade and investment between Canada‚ the United States‚ and Mexico. By establishing a strong and reliable framework for investment‚ NAFTA has also helped create the environment of confidence and stability required for long-term investment. NAFTA was preceded by the Canada-U
Premium United States International trade North American Free Trade Agreement
Pros and Cons of Nuclear Energy Debates and controversial issues are what keep countries all over the world connected. Ideas that were argued upon one hundred years ago are still argued upon today. One of these ideas is nuclear energy- should we or should we not use it at such a rate? Before an opinion can be reached‚ you must first weigh the pros and cons of this topic. Nuclear energy can be environmentally unsafe and can also be threatening‚ but at the same time it can benefit the progress and
Premium Cold War Nuclear power Nuclear fission
Haley Davis Microeconomics TC1 Bonus #2 Sequestration is a series of automatic‚ across-the-board cuts to government agencies. The cuts are split 50-50 between defense and automatic discretionary spending. The sequestration was enabled to get a handle on the growth of the United States national debt. The U.S debt stands at more than $16 trillion as of today. The sequestration started with the 2011 standoff over the U.S debt ceiling‚ when Republicans in Congress demanded spending cuts in exchange
Premium President of the United States United States Federal government of the United States
United States has more people in prison than any other country and the burden this places on the resources of our society is immense. Evidence shows incarceration is not always an effective way to achieve a safe society (Tonry) and in an attempt to reduce the sheer number of prisoners‚ other methods of rehabilitation and punishment are sometimes used. The most common methods used are some form of probation or parole. While both probation and parole are alternatives to incarceration‚ there are both
Premium Prison Criminal justice United States
Outsourcing IT Jobs: Pros and Cons In 1973‚ a monumental shift was prevailing where U.S. companies were sending low skilled jobs within the manufacturing industry to offshore countries to reduce labor cost while maximizing profits. The effect of the jobless manufacturing work force was a shift of those laborers to focus on and perfect the service industry of what it is today (Koch 1). During the high tech recessions of the late 1990s and a nominal expansion of the present time‚ the Information
Premium Unemployment Time Employment
Pros and Cons of Designer Babies Designer babies are babies‚ whose genetic makeup has been artificially screened and chosen by scientists‚ via genetic engineering. This concept has raised numerous ethical issues. Let’s have a look at the pros and cons of designer babies. Did You Know? The term ’designer baby’ was actually coined by journalists and not scientists. The term ’designer baby’ made its entry into the Oxford English Dictionary in 2004‚ where it is defined as "a baby whose genetic makeup
Premium Genetics Preimplantation genetic diagnosis Pregnancy
ATTENTION GETTER: During the 19th century‚ prohibition was a nationwide act that banned the production‚ importation‚ transportation‚ and sale of alcoholic beverages from 1920 to 1933. Prohibition attempted to reduce alcoholism‚ family violence‚ and deaths from alcohol‚ however‚ this national act failed due to the difficulty of enforcement and from the few that supported it. STILL ALCOHOLISM‚ ALCOHOL NOT THE ONLY REASON FOR FAMILY VIOLENCE‚ HARD TO ENFORCE. To begin‚ prohibition tried to stop
Premium Prohibition in the United States Alcoholic beverage Ethanol
more manageable is to uphold a cap on prescription drugs. By doing so‚ families have a better chance of saving their money for the more important things in their financial life. This cap can also provide families the opportunity for relief from the stress of the medical issue itself by affording better care. In Lina Marsa’s online article‚ “The High Cost of Cancer: Your Money or Your Life‚” she says‚ “those on Medicare‚ are on the hook for 20 percent copays for prescription drugs‚ which can translate
Premium
still maintains awareness of both of their parents‚ while scheduled visitations can increase the emotional and social bond between the child and both of its parents. The article National Conference of State Legislatures explains‚ “Research shows it reduces child poverty‚ promotes parental responsibility and involvement and improves children’s educational outcomes” (NCSL‚ 1). The Deadbeat Dad Policy in a way forces the fathers to be involved in the child’s life through financial support and even emotional
Premium Marriage Family Divorce
NAFTA’s implementation brought a great opportunity for Mexico’s economy. During its early days‚ it was believed that NAFTA would bring rapid growth‚ raise wages‚ and reduce emigration. NAFTA resulted in a 11.3% increase in U.S-Mexico trade‚ which lead to the increase of 10.5% in exports. NAFTA allowed the U.S to become Mexico’s primary market for export at a whopping 77.6%. Although exports and trade increased‚ Mexican economy did not develop at the rate it was hoped. Between 1993 and 2013 Latin
Premium Economics Macroeconomics Inflation