Word: naftas
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Though U.S. workers may lose jobs to Mexican workers and experience wage cuts, many Harvard professors agree on NAFTA's overall benefits...
...agreement in our favor," said Robert O. Keohane, Stanfield professor of international peace. "Anyone who's taken any economics and understood it is in favor of NAFTA...
Boas Professor of International Economics Richard N. Cooper said the benefits of free trade between the United States and Mexico would out-weigh NAFTA's detrimental effects...
Though the North American Free Trade Agreement (NAFTA) is the topic of heated debate in Washington D.C., many Harvard professors agree its passage would mean a small improvement for the American economy...
...However, NAFTA's economic consequences for the U.S. would be negligible, since Mexican imports are nearly duty-free now, Cooper said. The overall outcome of NAFTA would be "small, but positive," he said...