NAFTA is often blamed for things that might not be its fault. In 1999, the Christian Science Monitor wrote about an Arkansas town that it would “collapse, some said, like so many NAFTA ghost towns that have lost jobs in needle trading and manufacturing to places like Sri Lanka or Honduras.” Sri Lanka and Honduras are not parties to the Agreement. At 4.1% in December 2017, the unemployment rate is lower than at the end of 1993 (6.5%). It declined steadily from 1994 to 2001 and, although it increased after the bursting of the tech bubble, it did not return to its pre-NAFTA level until October 2008. The impact of the financial crisis kept them above 6.5% until March 2014. (23) The Commission`s investigation has shown that the majority of sales of weaving machines in Western Europe are made to customers who replace or expand existing weaving machines. The Commission`s investigation also shows that a textile manufacturer will replace a weaving machine on average every seven to ten years, although this period may vary depending on technological advances that may stimulate demand or if weavers decide to update their machines in order to increase factory productivity and thus reduce costs. (25) As regards feasibility, some textiles can only be woven on one specific machine, while others can be woven on several different machines. At one end of the spectrum is silk, which is best suited for production on a gripping machine. At the other end are synthetic fibers that can be woven on any machine.
In these two ends of the spectrum, there are intermediate tissues that can be produced on different types of machines. An example of a more versatile fabric would be shirts that can be woven on Rapier or Air Jet machines. However, this does not mean that these two machines are a reasonable alternative for each other for all shirt weavers. In general, there will always be a type of machine that, from a technical point of view, adapts better to a particular fabric and economically better to the overall production profile of the weaver. Much will depend on the nature of his business – on the size and sophistication of his clientele and on the consistency and predictability of his production, that is, whether he has to produce a large quantity of the same substance or smaller quantities of substances of different kinds. For example, air jet machines are not suitable for “short runs” because adjusting threads requires a lot of time and effort. As a result, a weaver who produces small amounts of different patterns or fabrics would not find an air jet machine as a suitable alternative to a rapier. The Dominican Republic-Central America-United States Free Trade Agreement (CEFTA-DR) is a free trade agreement signed in 2005. Originally, the agreement (then called the Central American Free Trade Agreement or CEFTA) included talks between the United States and the Central American countries of Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua. A year before the official signing, the Dominican Republic joined the negotiations and the agreement was renamed CAFTA-DR. Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR),” Export.gov, accessed April 30, 2011 www.export.gov/FTA/cafta-dr/index.asp. Moreover, the post-independence conflict in Africa has left much of the continent with a legacy of poor governance and a lack of political integration that wants to tackle free trade areas.
Some countries form ART for political reasons […].