Globally. governments will conclude that the United States has lost national dynamism. has rejected an agreement that is clearly in its best interests. and is turning inward. Rejection of NAFTA will undermine Mexican President Salinas and push the Presidential succession in Mexico toward nationalistic positions. It will jeopardize capital flows currently stabilizing the Mexican economy. Further reforms would be less likely. Rejection of NAFTA will also undermine economic and political reform movements in Central and South America and the Caribbean. This will. without question. lead to an increase in illegal immigration. In todays increasingly competitive global economy. Japan and Europe are quickly rounding up allies in formidable regional trading blocs.
Keywords matched
illegal immigration