How does the North American free trade agreement benefits for the united states ?

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A 4-6 page essay on how North American free trade agreement benefits the united states.

miniumum of 9 sources

I also attached an outline if it helps.

ISP Outline
Topic: NAFTA
Thesis: NAFTA benefits the USA
I. Gross domestic product
Since NAFTA has started the economy has doubled in size this includes Canada,
USA, and Mexico.
“A. Since NAFTA came into effect, the North American economy has more than doubled
in size. The combined gross domestic product (GDP) for Canada, the United States, and
Mexico surpassed US$17 trillion in 2008, up from US$7.6 trillion in 1993.”( nafta.org)
The U.S economy has grown and has increased by billions of dollars per year
B ”.Most estimates conclude that the deal had a modest but positive impact on
U.S. GDP of less than 0.5 percent, or a total addition of up to $80 billion dollars to the
U.S. economy upon full implementation, or several billion dollars of added growth per
year.”: (https://www.cfr.org/backgrounder/naftas-economic-impact)
The USA’s trade with Mexico and Canada has tripled since NAFTA has begun.
C.” In the years since NAFTA, U.S. trade with its North American neighbors has
more than tripled, growing more rapidly than U.S. trade with the rest of the world.
Canada and Mexico are the two largest destinations for U.S. exports, accounting for more
than a third of the total.” (https://www.cfr.org/backgrounder/naftas-economic-impact)
II. Impact on USA employment
NAFTA has created 5 million new jobs for the USA.
A. “NAFTA exports created five million new U.S. jobs”
Most of the jobs that NAFTA created when to 17 different states.
B.”Most of those jobs went to 17 states, but all states saw some increases. U.S.
manufacturers added more than 800,000 jobs between 1993 and 1997. That’s because
manufacturers exported $487 billion in 2014. It generated $40,000 in export revenue for
each factory worker.” (https://www.thebalance.com/advantages-of-nafta-3306271
C Lots of people started to work with imports that were Created by NAFTA
.”Even imports from NAFTA partners created jobs. That’s because nearly 40 percent of
U.S. imports from Mexico originated with American companies. They designed the
products domestically, then outsourced some portion of the process in Mexico. Without
NAFTA, they would have gone to China. They may not have been created at
all.” (Source: “NAFTA, 20 Years Later,” Knowledge@Wharton, February 19, 2014.)
III. Impact in USA export
NAFTA increased trade through out north America and the USA was making more
money from traded goods.
I
A.”the United States increased its exports of goods from $142 billion to $517
billion. That’s a third of its total exports. Canada ($280 billion) and Mexico ($236 billion)
were the top two U.S. export markets in 2015. Imports from Canada ($295.2 billion) and
Mexico ($294.7 billion) increased from $151 billion in 1993 to $590 billion. That’s 26
percent of total U.S. goods imports.” (https://www.thebalance.com/advantages-ofnafta-3306271)
The USA also imported oil that had lots of value.
B. “The U.S. imported $144.2 billion in oil from Mexico and Canada. Thanks to
greater U.S. shale oil production, this figure was down from $157.8 billion in 2007.
NAFTA reduced U.S. reliance on oil imports from the Middle East and
Venezuela.” (https://www.thebalance.com/advantages-of-nafta-3306271)
The USA banded oil export and import from Iran so they started to import and export
with mexico and Canada which NAFA made this possible.
C:
“It was especially important when the U.S. banned oil imports from Iran. Mexico and
Canada are friendly countries so other oil exporters, such as Venezuela and Iran, use oil
as a political chess piece. For example, both started selling oil in currencies other than the
petrodollar.” (https://www.thebalance.com/advantages-of-nafta-3306271)

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