AUSTIN – Today, the Texas Public Policy Foundation released the paper People Prosper from Trade: NAFTA and Texas which examines how the North American Free Trade Agreement (NAFTA), a trilateral trade deal between the U.S., Mexico and Canada, has influenced people’s lives.
“Although NAFTA has been politically controversial since conceived and is certainly not perfect, the results overwhelmingly show net benefits for people, especially those in Texas,” said the paper's author Dr. Vance Ginn, senior economist and director of the Center for Economic Prosperity. “Renegotiating NAFTA could serve as a valuable opportunity to promote prosperity, but only by reducing trade barriers and government privilege so individuals in different countries can mutually benefit. If the focus is on the principles of freedom and liberty, the outcome of an improved NAFTA will be to let people prosper, whether they are Texans, Americans, Mexicans or Canadians.”
To read the report, click here.
For more information, please contact Alicia Pierce at [email protected] or 512-472-2700.