A Review of the Assessments of the Likely Economic Impact of NAFTA on the United States

A Review of the Assessments of the Likely Economic Impact of NAFTA on the United States PDF Author: Gregory K. Schoepfle
Publisher:
ISBN:
Category : Foreign trade and employment
Languages : en
Pages : 188

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A Review of the Assessments of the Likely Economic Impact of NAFTA on the United States

A Review of the Assessments of the Likely Economic Impact of NAFTA on the United States PDF Author: Gregory K. Schoepfle
Publisher:
ISBN:
Category : Foreign trade and employment
Languages : en
Pages : 188

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Lessons from NAFTA

Lessons from NAFTA PDF Author: Luis Serven
Publisher: World Bank Publications
ISBN: 0821383744
Category : Political Science
Languages : en
Pages : 432

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Book Description
Analyzing the experience of Mexico under the North American Free Trade Agreement (NAFTA), 'Lessons from NAFTA' aims to provide guidance to Latin American and Caribbean countries considering free trade agreements with the United States. The authors conclude that the treaty raised external trade and foreign investment inflows and had a modest effect on Mexico's average income per person. It is likely that the treaty also helped achieve a modest reduction in poverty and an improvement in job quality. This book will be of interest to scholars and policymakers interested in international trade and development.

NAFTA to USMCA: What is Gained?

NAFTA to USMCA: What is Gained? PDF Author: Mary E. Burfisher
Publisher: International Monetary Fund
ISBN: 1498303285
Category : Business & Economics
Languages : en
Pages : 34

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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.

Potential Impact on the U. S. Economy and Selected Industries of the North American Free Trade Agreement

Potential Impact on the U. S. Economy and Selected Industries of the North American Free Trade Agreement PDF Author: DIANE Publishing Company
Publisher: DIANE Publishing
ISBN: 9780788125355
Category : Business & Economics
Languages : en
Pages : 290

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Book Description
Examines (1) the overall economic effects of the NAFTA on the economies of the U.S., Mexico, and Canada; (2) the key NAFTA provisions and related legal changes that may affect individual sectors; and (3) the short- and long-term impact of NAFTA on important industrial, energy, agricultural, and service sectors of the U.S. economy. Also summarizes recent economic developments in Mexico. Tables and figures.

North American Free Trade

North American Free Trade PDF Author: Nora Claudia Lustig
Publisher: Brookings Institution Press
ISBN: 9780815718468
Category : Political Science
Languages : en
Pages : 294

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Book Description
The proposed North American Free Trade Agreement (NAFTA) represents a historic change in relations among Canada, Mexico, and the United States. The effect of the agreement on the three economies has generated controversy and some degree of alarm within each country. In this book, noted trade and development experts review the available literature on the effects of NAFTA on the three member countries and the world trading system. They evaluate how NAFTA will affect areas such as economic growth, employment, income distribution, industry, and agriculture in Canada, Mexico, and the United States; and consider the significance the trade agreement holds for the rest of the world. Drusill K. Brown begins the discussion by providing an overview and comparison of the general results from recent studies. Raúl Hinojosa-Ojeda and Sherman Robinson explore in greater detail the potential effects of NAFTA on wages and employment in Mexico and the United States. Sidney Wintrab reviews industry-specific effects of NAFTA, in particular, the environment, the social agenda, and human rights and democracy. Finally, Carlos Alberto Primo Braga considers the implications of NAFTA on the rest of the world. Following each of these chapters, international scholars assess the alternatives and provide recommendations for future research.

Potential Economic Impacts of NAFTA

Potential Economic Impacts of NAFTA PDF Author: United States. Congress. Joint Economic Committee
Publisher:
ISBN:
Category : Economic forecasting
Languages : en
Pages : 60

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NAFTA Revisited

NAFTA Revisited PDF Author: Gary Clyde Hufbauer
Publisher: Peterson Institute
ISBN: 9780881325591
Category : Electronic books
Languages : en
Pages : 556

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Potential Impact on the U.S. Economy and Selected Industries of the North American Free-Trade Agreement

Potential Impact on the U.S. Economy and Selected Industries of the North American Free-Trade Agreement PDF Author: United States International Trade Commission
Publisher:
ISBN:
Category : Canada
Languages : en
Pages : 296

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Environmental Impacts of a North American Free Trade Agreement

Environmental Impacts of a North American Free Trade Agreement PDF Author: Gene M. Grossman
Publisher:
ISBN:
Category : Environmental impact analysis
Languages : en
Pages : 72

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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.

North American Free Trade Agreement: Assessment of Major Issues. Volume 2

North American Free Trade Agreement: Assessment of Major Issues. Volume 2 PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 160

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