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What Are The Nafta Agreement And The Nato Organization Examples Of

Many critics of NAFTA saw the deal as a radical experiment developed by influential multinationals who wanted to increase their profits at the expense of ordinary citizens of the countries concerned. Opposition groups argued that the general rules imposed by NAFTA could undermine local governments by preventing them from passing laws or regulations to protect the public interest. Critics also argued that the treaty would lead to a significant deterioration in environmental and health standards, promote the privatization and deregulation of key public services, and displace family farmers in signatory countries. The Soviet Union continued to expand its military presence. At the end of the Cold War, it spent three times more than the United States with only a third of the economy.