S1-E4: NAFTA and the Giant Sucking Sound

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Domino

Society & Culture


Proponents of the North American Free Trade Agreement described the trade deal as a win-win for everyone.  Those in opposition argued that Mexico would be the only winner from the inflow of factories and jobs.  Both sides were wrong.  What was supposed to be a clear victory for Mexico turned out to be a nightmare with Mexican consumers abandoning local products in favor of American-made ones which sent the Mexican economy into a tailspin.  The real winner?  Arkansas based retailer and NAFTA proponent: Walmart.