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Quotes on
regional trade agreements > Americas: NAFTA
| Author |
Date and source |
Quotes |
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| Economic
Research and Analysis Division of the WTO |
November 2001
Globalisation
Statistics 2001
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"
Intra-regional trade accounts for a smaller share of total trade in
commercial services than for merchandise trade in both the EU and
NAFTA. For the EU the share of intra-trade in commercial services
was 55% in 2000, roughly unchanged from the early 1990s. For NAFTA,
the share in 2000 was, at less than one quarter of total services
trade, about half the rate recorded for merchandise trade. " |
| US
Trade Representative, Ambassador Robert Zoellick |
26
July 2001
Speech before the National Foreign Trade Council,
Washington DC
|
"
We can begin with what NAFTA and open trade have meant for the
average U.S. family. And these are conservative estimates:
NAFTA and the Uruguay Round together have resulted in higher
incomes and lower prices for goods, with benefits amounting to
$1300 to $2000 a year for a family of four. That is real money
for farmers, nurses, teachers, police officers, and office
workers. The real beneficiaries are lower-income Americans,
who bear a disproportionate burden when prices for food,
clothing, and appliances are kept artificially high because of
trade barriers…. NAFTA has been pulling American goods and
grains into Mexico, benefiting consumers and supporting
quality U.S. jobs here at home. In the seven years since NAFTA’s
implementation, U.S. exports to Mexico and Canada now support
2.9 million American jobs – 900,000 more than in 1993. Such
jobs pay wages that are 13 to 18 percent higher than the
average American wage." |
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