2. New TPP trade
agreement
removes all
trade tariffs
2nd most politically,
economically stable
nation in the region
behind Singapore,
according to
WorldBank index
2nd fastest growing
GDP in the world
since 1990
Full Member of
the WorldTrade
Organization (WTO)
5. Over the last 5 years
Annual GDP
Growth
Vietnam’s exports
to Europe* Annual Inflation
Rate
Europe’s exports
toVietnam
*17.5% Annual
Industrial
Production
Growth
6. Vietnam is a net oil
export producing
nation?
Vietnam is the world’s
2nd largest coffee
producer?
8. Nope.
NAFTA has been good for jobs and good for wages.
NAFTA created 25 million new American jobs between 1993 and 2008.
NAFTA created 40 million new jobs in North America.
One in Five Canadian jobs come from NAFTA related trade.
Labor conditions improved after NAFTA, resulting in higher wages.
Export jobs pay 40% more than non-export related jobs.
9. Wrong again.
The U.S. economy doubled between 1993 and 2008.
U.S. manufacturing output increased by 62% between 1993 and 2008
(compared to 42% between 1980 and 1993.)
U.S. agricultural trade increased between 1993 and 2008 even more.
Trade between U.S. and Canada tripled after NAFTA approval.
Trade between U.S. and Mexico quadrupled after NAFTA approval.
10. We could agree with that statement, but then we’d both be wrong.
Not only did NAFTA eliminate tariffs and increase trade, it also instituted
new rules of fairness and dispute resolution.
U.S., Canadian and Mexican oil and gas production skyrocketed after
NAFTA passage, while new regulations protected the environment.
All 3 NAFTA nations became energy independent after passage.
NAFTA passage was the single largest factor in modernizing Mexico’s
economy, resulting in a reduction of illegal U.S. immigration to net zero.
