International Focus Magazine Vol. 3, #8 | Page 10

seen on the scene Texas and NAFTA Facts and Business Opportunities The Land of Opportunity Business Luncheon hosted by Pete Garcia Executive Director of The United States-Mexico Chamber of Commerce HOUSTON-THE WOODLANDS- GULF COAST CHAPTER AUGUST 22ND, 2018 HYATT REGENCY HOUSTON FOR MORE INFORMATION ON BUSINESS OPPORTUNITIES WITH MEXICO GO TO: WWW.USMCOCGC.ORG 10 iF Magazine | September 2018 Featured keynote Vance Ginn, Ph.D. - Director of the Center for Economic Prosperity and a senior economist at the Texas Public Policy Foundation, one of the nation’s premier free-mar- ket think tanks. nomic benefits occurred directly by reducing the cost of doing business with a broader market, and indirectly by lowering prices of goods and ser- vices that contribute to people hav- ing more purchasing power to satisfy their desires. People have flourished In his report co-written with Elliott from increased trade and job creation Raia-research associate for the Cen- across the country since NAFTA, ter for Economic Prosperity at the and this increased market exposure Texas Policy Foundation and Dayal has helped to diversify Texas’ econ- Rajagopolan- research associate for omy. Any Negotiation on NAFTA the Armstrong Center for Energy should be toward freer trade, along and the Environment at the Texas with making the US and Texas econ- Public Policy Foundation, Vance omies more globally competitive so Ginn, Ph.D states, “Research shows Texans and all Americans can pros- NAFTA has positively contributed per. There is much at stake with the to increase U.S. economic activity outcome of renegotiating NAFTA. and job creation. Mexico is Texas’ economic growth, standards of living, number one foreign trading part- and successes of many businesses lie ner and purchases over $100 Billion in the balance. If the focus is on the a year in Texas made products. That principles of freedom and liberty, the is about $275 Million every single outcome of an improved NAFTA day.The U.S. Chamber of Com- will be to let people prosper, wheth- merce notes trade among individu- er they are Texans, Americans, Mexi- als in these countries supports a net cans, or Canadians.” 14 million U.S. jobs with increased trade after NAFTA contributing to People Prosper From Trade: NAFTA & TEXAS 5 million of those jobs. These eco- May 2018 Texas Public Policy Foundation iF Magazine | www.iFMagazine.net 11