This thesis explores the effects of NAFTA on Mexico’s economy. In 1994, when Mexico first signed the agreement, it expected to boost its economy substantially by increasing trade with two world powers. Mexico stood to benefit the most with a convergence of economies which set high expectations for NAFTA. Twenty years later it is evident that not all goals were met. The success of NAFTA has sparked a debate in which opposing sides tend to project extremists arguments. However, this study reflects that NAFTA has not been a complete success or an absolute failure for Mexico. Rather, it looks at NAFTA as a project with room for improvement given the current results. This conclusion is reached by answering the following questions: In what ways has Mexico’s economy improved since 1994? Can these improvements be attributed to NAFTA? Twenty years later, which expectations have not been met? How does Mexico’s economic growth compare to that of other Latin American countries? And lastly, in what ways can the agreement or Mexican policy be modified to improve results?