According to Public Citizen News from March/April of 2013, the US-Korea Free Trade Agreement (FTA) that President Obama pushed and spoke highly of a year ago has not produced the benefits he said it would.
This agreement has "demonstrated the damage caused by yet another 'trade' agreement based on the model of the North American Free Trade Agreement (NAFTA)". Obama has been trying to "sell" these large trade agreements "with the same false promises". Export growth to non-trade agreement nations has "exceeded US export growth to countries that are FTA partners by 38 % over the past decade".
No comments:
Post a Comment