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12651. ECONOMIC & SOCIAL EFFECTS OF NORTH AMERICAN FREE TRADE AGREEMENT. Solid, balanced overview of this contentious area finds that both the pessimistic and optimistic predictions have come true. Includes 3p. summary of NAFTA treaty terms and 1p. of positive and negative predictions made before passage in 1993. Covers the causes and effects of the peso crisis of Dec. 1994 and its relation to NAFTA, the emergence of an industrial demographic boom on the Mexican border, statistics on growth, employment, trade, etc., Asian firms strong entry into maquiladora manufacturing, social conditions on the nuevo frontera, labor conditions inside the maquiladoras, effects in Canada, question of job losses and wage restraint in America. Balanced conclusion names winners and losers from free trade. 12 pages, 25 footnotes, 17 bibliographic sources.   $84


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