The Likely Impact on the United States of a Free Trade Agreement with Mexico
Author | : United States International Trade Commission |
Publisher | : |
Total Pages | : 132 |
Release | : 1991 |
Genre | : Canada |
ISBN | : |
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Author | : United States International Trade Commission |
Publisher | : |
Total Pages | : 132 |
Release | : 1991 |
Genre | : Canada |
ISBN | : |
Author | : United States International Trade Commission |
Publisher | : |
Total Pages | : |
Release | : 1991 |
Genre | : Free trade |
ISBN | : |
Author | : EE.UU. International Trade Commission |
Publisher | : |
Total Pages | : |
Release | : 1991 |
Genre | : |
ISBN | : |
Author | : United States. Congress. House. Committee on the Budget. Task Force on Economic Policy, Projections, and Revenues |
Publisher | : |
Total Pages | : 248 |
Release | : 1991 |
Genre | : Free trade |
ISBN | : |
Author | : United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Commerce, Consumer Protection, and Competitiveness |
Publisher | : |
Total Pages | : 288 |
Release | : 1993 |
Genre | : Business & Economics |
ISBN | : |
Author | : Marc Grezlikowski |
Publisher | : GRIN Verlag |
Total Pages | : 21 |
Release | : 2009-07-23 |
Genre | : Political Science |
ISBN | : 364038184X |
Seminar paper from the year 2007 in the subject Politics - Region: USA, grade: 2,3, Free University of Berlin, language: English, abstract: In the wake of globalization, many countries are reducing trade barriers and tariffs, resulting in a rise of free-trade areas in which the participating countries trade freely among each other without any restrictions. The goal of these agreements is the increase of wealth in each nation’s economy. To reach this goal, the USA, Canada and Mexico negotiated the North American Free Trade Agreement (NAFTA) which came into effect on January, 1st 1994. It was the world’s largest free-trade area with a combined population of over 360m people and a total GDP of 6$ trillion. Today, the NAFTA area comprises a 12.5$ trillion economy and a 430m strong population. For the first time, two highly industrialized, rich countries affiliated themselves with a poorer, newly industrialized country. At the time of its ratification, the agreement was extremely controversial in all three member states and opinions in political camps differed vastly. Supporters of the contract were mostly big companies and investors who were hoping that it would loosen restrictions and barriers on the capital market. Opponents of the agreement were trade unions which, especially in the United States, railed heavily against it. They feared outsourcing and massive job displacements to Mexico, a country in which labor is incredibly cheap and environment protection laws are lax or do not even exist. In Mexico, landowners were skeptical of NAFTA because they feared unfair competition with US-American farmers who are still to this day greatly subsidized by the government.
Author | : United States. Congress. Senate. Committee on Finance |
Publisher | : |
Total Pages | : 532 |
Release | : 1991 |
Genre | : Commerce |
ISBN | : |
Author | : Peter M. Garber |
Publisher | : MIT Press |
Total Pages | : 344 |
Release | : 1993 |
Genre | : Business & Economics |
ISBN | : 9780262071529 |
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.
Author | : New York (State). Legislature. Senate. Democratic Task Force on the U.S.--Mexican Free Trade Agreement |
Publisher | : |
Total Pages | : 40 |
Release | : 1992 |
Genre | : Environmental protection |
ISBN | : |