What is the impact of the North American Free Trade Agreement on Texas?

One of the positive effects of NAFTA was increased trade, economic output, foreign investment, and better consumer prices. NAFTA cost U.S. jobs were lost when domestic manufacturers relocated to lower-waged Mexico, this also suppressed wages in U.S. manufacturing plants

One of the positive effects of NAFTA was increased trade, economic output, foreign investment, and better consumer prices. NAFTA cost U.S. jobs were lost when domestic manufacturers relocated to lowerwaged Mexico, this also suppressed wages in U.S. manufacturing plants.

Explanation:

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an expansion is one of two basic business cycle phases; the other is contraction. the transition from expansion to contraction is a peak, and the changeover from contraction to expansion is a trough.