CAFTAs failure could cause a significant setback to other bilateral agreements in the works and also to the WTOwide Doha Round negotiations. The U.S. must remain competitive in the global economy. especially with the emergence of major exporters like China. Lowering trade barriers with developing countries in our hemisphere helps our overall competitiveness against China by increasing competition in growth sectors that China would otherwise dominatelike textiles. apparel and light manufacturing. So the economic argument is rock solid. but CAFTAs passage goes beyond economic considerations. It will also help promote democracy. decrease illegal immigration and increase environmental standards. For decades during the cold war. the U.S. spent significant resources fighting the spread of Communist and tyrannical dictatorships in Central America. Fortunately.
Keywords matched
illegal immigration