UNIVERSITY OF MUMBAI

PROJECT REPORT ON
ECONOMIC BENEFITS OF NAFTA
(ECONOMICS OF GLOBAL TRADE AND FINACNE)
MASTERS OF COMMERCE
(BUSINESS MANAGEMENT)
SEMESTER 1
2014-15
SUBMITTED BY
MR. SALMAN MAKDA
ROLL NO.:11
PROJECT GUIDE
Ms. MRUNALINI RAVALEKAR
K.P.B HINDUJA COLLEGE OF COMMERCE
315, NEW CHARNI ROAD, MUMBAI-400 004

M.COM (BUSINESS MANAGEMENT)

1stSEMESTER

ECONOMIC BENEFITS OF NAFTA

SUBMITTED BY
MR. SALMAN MAKDA
ROLL NO: 11

CERTIFICATE
This is to certify that Mr. Salman Makda of M.Com Business
Management Semester- 1 [2014-2015] has successfully completed the
Project on ECONOMIC BENEFITS OF NAFTA under the
guidance of Ms. Mrunalini Ravalekar.

Project Guide
________________

Course Coordinator
________________

Internal Examiner
________________

External Examiner
________________

Principal
________________

Date: ______
Place: Mumbai.

DECLARATION

I, Mr. Salman Makda student of M.Com Business Management,

semester- 1 (2014-2015), hereby declare that I have completed the
project on ECONOMIC BENEFITS OF NAFTA

The information submitted is true and original copy to the best

of my knowledge.

SALMAN
MAKDA

ACKNOWLEDGEMENT

I owe my special thanks to the Principle Dr. Chitra Natrajan and

the Co-coordinator of M.com Dr. (Ms) Minu Madlani for giving me an
opportunity for this project work. I would like to give my thanks to the
Project Guide Ms. Mrunalini Ravalekar for her guidance and kind
assessment that she has provided me and the inspiration in valued
guidance and ideas throughout the project. I am also thankful to the
library staff of K. P. B. Hinduja College Of Commerce who cooperated with me and even all those seen and unseen hands and heads
which helped me in he completion of this project.

INDEX
CHAPTER NO.

1
1.1
1.2
1.3
1.4
2
3
4

TOPICS
TITLE PAGE
CERTIFICATE
DECLARATION
ACKNOWLEDGEMENT
EXECUTIVE SUMMARY
INTRODUCTION
OBJECTIVES OF THEY STUDY
METHODS OF RESEARCH
SCOPE OF THE STUDY
LIMITATIONS
CONCEPTUAL FRAMEWORK
ANALYSIS
ACHIEVEMENTS AND PROSPECTS OF NAFTA
CONCLUSION
BIBLIOGRAPHY

EXECUTIVE SUMMARY

PAGE NO.

1
1
1
2
2
3
13
24
28
29

The main objective of NAFTA is to remove all trade barriers

between the governments of the United States, Canada and Mexico
create a trilateral trade bloc in North America.
NAFTA is developed with a view to enhance business and trade relations between
these three countries and promote conditions for fair competition and increase in
investment opportunities.
The aims of this project is to analyze NAFTA fully from the time of its formation
to the present time and increase cooperation between these three countries for
improving working conditions in North America, create an expanded and safe
market for goods and services produced by establishing clear and mutually
advantageous trade rules. Thus NAFTA has created the worlds largest free trade
area by eliminating tariffs and agreements on international rights for business
investors, increasing trade and capital and spurring growth in business.
The present President of the United States opposes many current trade agreements,
which he says are bad for the economy because they provide perks for businesses,
but does not protect workers and hence he would like to amend NAFTA to beef up
protection for labor and the environment.