such diffuse organizations as the Chambers of Commerce, the National Association of Manufacturers, and the Business Advisory Council have taken strong positions in favor of the agreement.
However, the extent of interest group agreement around NAFTA is a product of the regional nature of the agreement, which attracts different multinationals for different reasons. Whereas multilateralists see it as an important step for reinvigorating GATT, regionalists view it as additional leverage against foreign competition. The likelihood of such a powerful free trade coalition emerging in another, nonregional context is minimal at best. Equally interesting is that even with such a high degree of unity in the corporate community over NAFTA, the agreement is politically divisive, with nationalists being led by the unlikely bedfellows of organized labor and Ross Perot in opposing the accord. If, in fact, multilateralism is in part the product of interest group pressure, then the future of the global trading regime looks increasingly shaky in the 1990s.
Questia, a part of Gale, Cengage Learning. www.questia.com
Publication information: Book title: U.S. Politics and the Global Economy: Corporate Power, Conservative Shift. Contributors: Ronald W. Cox - Author, Daniel Skidmore-Hess - Author. Publisher: Lynne Rienner. Place of publication: Boulder, CO. Publication year: 1999. Page number: 197.
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