Analyze the impact of NAFTA on Mexican corn farmers. Why did so many Mexican corn farmers lose their livelihoods as a consequence of NAFTA?(1 point)
Responses
NAFTA gave subsidies to Mexican corn farmers to increase production, which flooded the market.
NAFTA gave subsidies to Mexican corn farmers to increase production, which flooded the market.
Manufacturing jobs that processed the corn left Mexico for the U.S. due to lower wages, reducing the need for Mexican-grown corn.
Manufacturing jobs that processed the corn left Mexico for the U.S. due to lower wages, reducing the need for Mexican-grown corn.
Mexican farmers could not compete with government-subsidized U.S. corn.
Mexican farmers could not compete with government-subsidized U.S. corn.
Changes in consumer food preferences from corn toward wheat reduced demand.
Changes in consumer food preferences from corn toward wheat reduced demand.
Overall, the impact of NAFTA on Mexican corn farmers was negative. The subsidies provided to Mexican corn farmers to increase production led to an oversupply of corn in the market. Additionally, manufacturing jobs processing corn moved to the U.S. due to lower wages, decreasing the need for Mexican-grown corn. Mexican farmers also struggled to compete with government-subsidized U.S. corn. Furthermore, changes in consumer food preferences away from corn towards wheat further reduced the demand for Mexican-grown corn. As a result, many Mexican corn farmers lost their livelihoods as a consequence of NAFTA.