How has NAFTA affected different people in different ways? - Answers

NAFTA has had varied impacts on different groups; for some, particularly consumers and businesses in the U.S. and Mexico, it led to lower prices and expanded markets. However, it also resulted in job losses in certain U.S. manufacturing sectors, as companies relocated to Mexico to take advantage of lower labor costs. In Mexico, while some industries benefited from increased trade, others faced challenges as local farmers struggled to compete with subsidized U.S. agricultural products. Overall, the agreement has created both opportunities and challenges, reflecting the complexity of its economic implications.