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    Project Report On ": Trade Performance of Nafta"

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    Vivek Singh
    This document is a project report on the trade performance of the North American Free Trade Agreement (NAFTA). It includes sections on the economic integration that led to NAFTA, an overview of NAFTA including its origins and provisions, implications of NAFTA for the US, Canada and Mexico, and analysis of trade performance and data related to NAFTA. The report finds that NAFTA contributed to increased trade among the US, Canada and Mexico in its first decade by reducing barriers, and that each member country saw economic growth and increased exports through their participation in NAFTA.

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    Project Report On ": Trade Performance of Nafta"

    Uploaded by

    Vivek Singh
    49 views9 pages
    This document is a project report on the trade performance of the North American Free Trade Agreement (NAFTA). It includes sections on the economic integration that led to NAFTA, an overview of NAFTA including its origins and provisions, implications of NAFTA for the US, Canada and Mexico, and analysis of trade performance and data related to NAFTA. The report finds that NAFTA contributed to increased trade among the US, Canada and Mexico in its first decade by reducing barriers, and that each member country saw economic growth and increased exports through their participation in NAFTA.

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    This document is a project report on the trade performance of the North American Free Trade Agreement (NAFTA). It includes sections on the economic integration that led to NAFTA, an overview of NAFTA including its origins and provisions, implications of NAFTA for the US, Canada and Mexico, and analysis of trade performance and data related to NAFTA. The report finds that NAFTA contributed to increased trade among the US, Canada and Mexico in its first decade by reducing barriers, and that each member country saw economic growth and increased exports through their participation in NAFTA.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    49 views9 pages

    Project Report On ": Trade Performance of Nafta"

    Uploaded by

    Vivek Singh
    This document is a project report on the trade performance of the North American Free Trade Agreement (NAFTA). It includes sections on the economic integration that led to NAFTA, an overview of NAFTA including its origins and provisions, implications of NAFTA for the US, Canada and Mexico, and analysis of trade performance and data related to NAFTA. The report finds that NAFTA contributed to increased trade among the US, Canada and Mexico in its first decade by reducing barriers, and that each member country saw economic growth and increased exports through their participation in NAFTA.

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    of 9

    A PROJECT REPORT ON TRADE PERFORMANCE OF NAFTA

    THE PROJECT REPORT SUBMITTED IN PARTIAL FULFILLMENT FOR THE M.COM (ADVANCED ACCOUNTANCY) SEMESTER

    BY NAYAK GAYATRI NARAYAN

    UNDER GUIDENCE OF PROF (MRS). KALPANA NAYAR ACADEMIC YEAR (2013-14)

    Date : _____________________ Vidya Prasarak Mandal, Thane K.G. JOSHI COLLEGE OF ARTS & N.G.BEDEKAR COLLEGE OF COMMERCE CERTIFICATE OF PROJECT WORK This is certify that Mr. / Ms.___________________________________________________________________ Of M.Com. (Advanced Accountancy) Semester ________________ Roll No._____________ has Undertaken and completed the project work titled____________________________________ During the academic year _________________________________________under guidance of Mr. / Ms.______________________________________________________________________ Submitted on ___________________________ to this college in fulfillment of the curriculum of MASTER OF COMMERCE (ADVANCED ACCOUNTANCY) UNIVERSITY OF MUMBAI This is bonafied work & the information presented is true &original to the best of our knowledge and belief.

    PROJECT GUIDE

    EXTERNAL EXAMINER

    II

    DECLARATION
    I GAYATRI NARAYAN NAYAK student of K.G. JOSHI COLLGEGE OF ARTS AND N.G. BEDEKAR COLLEGE OF COMMERCE studies in M.COM (ADVANCED ACCOUNTANCY) SEM 1st hereby declare that I have completed the project on TRADE PERFORMANCE OF NAFTA. In the academic year 2013-2014. The information submitted is true and original to the best of my knowledge and I had not copied the entire project from any direct source.

    PLACE: - THANE DATE: - 26th August, 2013

    (GAYATRI NARAYAN NAYAK) ROLL NO:-58

    III

    ACKNOWLEDGEMENT

    We express esteemed gratitude & sincere thanks to our worthy head of TY(BANKING & INSURANCE) & lecturer guide prof. KALPANA NAYAR our vocabulary do not have suitable words benefiting to high standard at knowledge & extreme sincerely, deviation & affection with they have regularly encouraged us to put heart & soul in this work.

    We are also thankful to all our teaching staff of our college who helped a lot for completion of this project.

    Our PARENTS, FRIENDS & RELATIVES who always bear with us in very critical situation & have contributed a great deal in making this true for us. We give expression of our love & appreciation for them with our heart in full.

    IV

    INDEX
    SERIAL NO. TOPIC PAGE NO.

    Title Page Certificate Declaration Acknowledgement Index List of charts & diagrams Executive summary Researchers Methodology CHAPTER 1:- Economic Integration 1.1 1.2 1.3 1.4 1.5 Definition Meaning of economic integration Goals of economic integration Types of economic integration Existing CHAPTER 2:- NAFTA 2.1 2.2 2.3 2.4 2.5 Origin of NAFTA Introduction of NAFTA Overview of NAFTA Provision of NAFTA Countries Participated in NAFTA agreements CHAPTER 3:- Implications Of NAFTA 3.1 Implication on USA

    I II III IV V VI VIII IX 1 1 1 2 2 4 5 5 5 6 8 10 13 13

    2
    3 4 5 6 7 8 9

    3.2 3.3 8 4.1 4.2 4.3 4.4 4.5

    Implication on Canada Implication on Mexico CHAPTER 4 :- Trade performance of NAFTA Trade Performance of USA under NAFTA Mechanisms Services Trade Liberalization Trade Trade performance of Canada-Mexico under NAFTA

    15 17 20 20 22 23 24 26

    9 10 11 12

    Analysis & Data Interpretation Finding Conclusion Bibliography

    29 33 35 37

    VI

    List of charts & diagram


    Serial no. Topic Page no.

    1 2 3 4

    NAFTA partners Relative Performance of US and Canadian Economies During the Crisis Canadian & US trade in goods & services Canada Mexico Trade In Goods And Services

    29 30 31 32

    VII

    EXECUTIVE SUMMARY:-

    NAFTA stands for NORTH AMERICAN FREE TRADE AGREEMENT, NAFTA is an extension of CUSTA i.e. the Canada United States trade agreement, United States of America supported to move to form the regional trading groups like EEC but it was suspicious about its working, The goal of NAFTA was to eliminate barriers to trade and investment between the U.S., Canada and Mexico.

    The implementation of NAFTA on January 1, 1994 brought the immediate elimination of tariffs on more than one-half of Mexico's exports to the U.S. and more than one-third of U.S. exports to Mexico. Within 10 years of the implementation of the agreement, all U.S.-Mexico tariffs would be eliminated except for some U.S. agricultural exports to Mexico that were to be phased out within 15 years. Most U.S.-Canada trade was already duty free. NAFTA also seeks to eliminate non-tariff trade barriers and to protect the intellectual property right of the products.

    The North American Free Trade Agreement has contributed to increased trade among the three partners over its first decade. From that perspective, we can argue that it has achieved its objectives in its first decade NAFTA countries direct investment in the U.S. is in the manufacturing, finance/insurance, and banking sectors

    Since NAFTA has been significant economic growth, increased exports, rise in productivity and prosperity in Canada .Canada exports to NAFTA partners have grown substantially and have been very successful in high value added sectors such as automotive equipment machinery and parts and industrial goods

    VIII

    RESEARCHER METHODOLOGY

    The North American Free Trade Agreement (NAFTA) entered into force on January 1, 1994. . The overall economic impact of NAFTA is difficult to measure since trade and investment trends are influenced by numerous other economic variables, such as economic growth, inflation, and currency fluctuations. The 113th Congress faces numerous issues related to international trade. Canada and Mexico are the first and third largest U.S. trading partners, respectively. With the two countries participating in the negotiations to conclude a Trans-Pacific Partnership (TPP) free trade agreement among the United States and 10 other countries, policy issues related to NAFTA continue to be of interest for Congress.

    OBJECTIVES OF STUDY:a.

    The main objective of this study was to more understand the growth and expansion of NAFTA.

    b.

    To study what positive implication that took place because of NAFTA in every aspect.

    c.

    To study the challenges associated with the growth of NAFTA

    d.

    To understand that how NAFTA had changed the whole scenario among northern countries(Canada, Mexico, US)

    e.

    The study the trade relation with other trading patrons Secondary data:-

    Data collection:-

    a. Books b. website

    IX

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