| − | Clinton, with GOP help, passed a free trade agreement over the objection of most Democrats and labor unions. The implementation of the North American Free Trade Agreement (NAFTA) generated political disagreements and stress in Mexico, involving issues of economics, labor unions, environmentalism, and international power. Mexico's financial crisis of 1993-95, which led to peso devaluation and new dislocations in that country, and disputes between Clinton and the Congress also exacerbated NAFTA's implementation. Nonetheless, the positive consequences of NAFTA included increases in Mexican imports to the United States and shifts in the trade balance in Mexico's favor. | + | Clinton, with GOP help, passed a free trade agreement over the objection of most Democrats and labor unions. The implementation of the [[North American Free Trade Agreement]] (NAFTA) generated political disagreements and stress in Mexico, involving issues of economics, labor unions, environmentalism, and international power. Mexico's financial crisis of 1993-95, which led to peso devaluation and new dislocations in that country, and disputes between Clinton and the Congress also exacerbated NAFTA's implementation. Nonetheless, the positive consequences of NAFTA included increases in Mexican imports to the United States and shifts in the trade balance in Mexico's favor. |