HND-世界经济.doc

Analysis on Element 1
.Free trade ,now sometimes termed International Trade,had inal intention that goods and services could be exchanged freely between countries with no barriers to this exchange.
Analysis on Element 2
.Free trade is a system in which the trade of goods and services between or within countries flows unhindered by government-imposed restrictions. Such government interventions generally increase costs of goods and services to both consumers and producers. Interventions include taxes and tariffs, non-tariff barriers, such as regulatory legislation and quotas, and even inter-government managed trade agreements such as the North American Free Trade Agreement (NAFTA) and Central America Free Trade Agreement (CAFTA) (contrary to their formal titles.) Free trade opposes all such interventions. Trade liberalization entails reductions to these trade barriers in an effort for relatively unimpeded transactions
NAFTA was initially promoted by politicians in the United States and Canada supportive of free trade, led by Canadian Prime Minister Brian Mulroney, . President e H. W. Bush, Mexican President Carlos Salinas de Gortari. The agreement was pursued by business interests in all three countries and opposed by labor, environmental, and other business interests, in all three countries. The heads of state of all three countries signed NAFTA in December 1992, subject to ratification by the legislatures of the three countries.
In the United States, NAFTA was able to secure passage after Bill Clinton made its passage a major legislative priority in 1993. Clinton's Trade Representative, Mickey Kantor, was a strong advocate of the treaty. Since the agreement had been signed by Bush under his fast-track prerogative, Clinton did not alter the original agreement, plemented it with the aforementioned NAAEC and NAALC. After intense political debate and the negotiation of these side agreements, the . House of Representatives passed NAFTA on November 17, 1993, by