Author: United States International Trade CommissionPublisher:
ISBN:
Category : Canada
Languages : en
Pages : 132
Book Description
The Likely Impact on the United States of a Free Trade Agreement with Mexico
Author: United States International Trade CommissionPublisher:
ISBN:
Category : Canada
Languages : en
Pages : 132
Book Description
The Mexico-U.S. Free Trade Agreement
Author: Peter M. GarberPublisher: MIT Press
ISBN: 9780262071529
Category : Business & Economics
Languages : en
Pages : 344
Book Description
The seven contributions in this book examine the potential impact of a North American Free Trade Agreement (NAFTA) with Mexico on the U.S. economy. They cover such key aspects as the general sources of comparative advantage between Mexico and the U.S., regional and local effects on production and employment, and the effect on production in particular industries. The authors start from the premise that the trade agreement will have a small impact on the overall U.S. gross national product because the U.S. economy is large compared to that of Mexico and because there is already much unrestricted trade between the two countries. Several chapters consider how some sources of comparative advantage that cut across industries differential environmental regulations and wage differentials - may affect the outcome. These are followed by chapters that assess the locational effects on U.S. production, either from the viewpoint of which metropolitan areas will gain employment or of the scale effects-transportation cost-tradeoff. Concluding chapters address the effect of the NAFTA on several individual U.S. sectors such as agriculture, automobiles, and financial services. Peter M. Garber is Professor of Economics at Brown University. Contents: Introduction, Peter M. Garber. Environmental Impacts of a North American Free Trade Agreement, Gene M. Grossman, Alan B. Krueger. Wage Effects of a U.S.-Mexico Free Trade Agreement, Edward E. Leamer. Some Favorable Impacts of a U.S.-Mexico Free Trade Agreement, J. Vernon Henderson. Mexico- U.S. Free Trade and the Location of Production, Paul Krugman, Gordon Hanson. Trade with Mexico and Water Use in California Agriculture, Robert C. Feenstra, Andrew K. Rose. The Automobile Industry and the Mexico-U.S. Free Trade Agreement, Steven Barry, Vittorio Grilli, Florencio Lopez-de-Silanes. Opening the Financial Services Market in Mexico, Peter M. Garber, Steven R. Weisbrod.
How Has Nafta Affected the Mexican Economy? Review and Evidence
Author: Mr.Ayhan KosePublisher: International Monetary Fund
ISBN: 1451847971
Category : Business & Economics
Languages : en
Pages : 50
Book Description
This paper provides a comprehensive assessment of the impact of NAFTA on growth and business cycles in Mexico. The effect of the agreement in spurring a dramatic increase in trade and financial flows between Mexico and its NAFTA partners, and its impact on Mexican economic growth and business cycle dynamics, are documented with reference both to stylized facts and recent empirical research. The paper concludes by drawing lessons from Mexico's NAFTA experience for policymakers in developing countries. The foremost of these is that in an increasingly globalized trading system, bilateral and regional free trade arrangements should be used to accelerate, rather than postpone, needed structural reform.
Potential Impact on the U.S. Economy and Selected Industries of the North American Free-Trade Agreement
Author: United States International Trade CommissionPublisher:
ISBN:
Category : Canada
Languages : en
Pages : 296
Book Description
NAFTA to USMCA: What is Gained?
Author: Mary E. BurfisherPublisher: International Monetary Fund
ISBN: 1498303285
Category : Business & Economics
Languages : en
Pages : 34
Book Description
The United States – Mexico – Canada Agreement (USMCA) was signed on November 30, 2018 and aims to replace and modernize the North-American Free Trade Agreement (NAFTA). This paper uses a global, multisector, computable-general-equilibrium model to provide an analytical assessment of five key provisions in the new agreement, including tighter rules of origin in the automotive, textiles and apparel sectors, more liberalized agricultural trade, and other trade facilitation measures. The results show that together these provisions would adversely affect trade in the automotive, textiles and apparel sectors, while generating modest aggregate gains in terms of welfare, mostly driven by improved goods market access, with a negligible effect on real GDP. The welfare benefits from USMCA would be greatly enhanced with the elimination of U.S. tariffs on steel and aluminum imports from Canada and Mexico and the elimination of the Canadian and Mexican import surtaxes imposed after the U.S. tariffs were put in place.
Free Trade for Whom?
Author: New York (State). Legislature. Senate. Democratic Task Force on the U.S.--Mexican Free Trade AgreementPublisher:
ISBN:
Category : Environmental protection
Languages : en
Pages : 40
Book Description
Economic Impact of the Mexico Free Trade Agreement
Author: United States. Congress. House. Committee on the Budget. Task Force on Economic Policy, Projections, and RevenuesPublisher:
ISBN:
Category : Free trade
Languages : en
Pages : 196
Book Description
A Review of the Assessments of the Likely Economic Impact of NAFTA on the United States
Author: Gregory K. SchoepflePublisher:
ISBN:
Category : Foreign trade and employment
Languages : en
Pages : 188
Book Description
USITC Report
Author: United States International Trade CommissionPublisher:
ISBN:
Category : Foreign trade regulation
Languages : en
Pages : 4
Book Description
Environmental Impacts of a North American Free Trade Agreement
Author: Gene M. GrossmanPublisher:
ISBN:
Category : Environmental impact analysis
Languages : en
Pages : 72
Book Description
In general, a reduction in trade barriers will affect the environment by expanding the scale of economic activity, by altering the composition of economic activity and by initiating a change in the techniques of production. We present empirical evidence to assess the relative magnitudes of these three effects as they apply to further trade liberalization in Mexico. We first use comparable measures of three air pollutants in a cross-section of urban areas located in 42 countries to study the relationship between air quality and economic growth. We find for two pollutants (sulphur dioxide and 'smoke') that concentrations increase with per capita GDP at low levels of national income, but decrease with GDP growth at higher levels of income. We then study the determinants of the industry pattern of US imports from Mexico and of value added by Mexico's maquiladora sector. We investigate whether the size of pollution abatement costs in US industry influences the pattern of international trade and investment. Finally, we use the results from a computable general equilibrium model to study the likely compositional effect of a North American Free Trade Agreement (NAFTA) on pollution in Mexico.