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Book Study on the Operation and Effects of the North American Free Trade Agreement

Download or read book Study on the Operation and Effects of the North American Free Trade Agreement written by United States. President (1993-2001 : Clinton) and published by . This book was released on 1997 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Study on the Operation and Effects of the North American Free Trade Agreement

Download or read book Study on the Operation and Effects of the North American Free Trade Agreement written by DIANE Publishing Company and published by DIANE Publishing. This book was released on 1998-05 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a comprehensive assessment of the operation and effects of the North American Free Trade Agree. (NAFTA). It includes the economic effects in aggregate and in selected manufacturing sectors and in agriculture. Also includes sections on the implementation of the NAFTA environmental (cooperation, institutions, and enforcement) and labor agreements (Mexican enforcement of labor law, the North Amer. Agree. on Labor Cooperation). Reviews the findings from a variety of outside studies and analyzes Mexican and U.S. data, attempting whenever possible to isolate the effects of NAFTA from other factors. Charts and tables.

Book The North American Free Trade Agreement  NAFTA

Download or read book The North American Free Trade Agreement NAFTA written by M. Villarreal and published by Createspace Independent Publishing Platform. This book was released on 2017-02-28 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The North American Free Trade Agreement (NAFTA) entered into force on January 1, 1994. The agreement was signed by President George H. W. Bush on December 17, 1992, and approved by Congress on November 20, 1993. The NAFTA Implementation Act was signed into law by President William J. Clinton on December 8, 1993 (P.L. 103-182). The overall economic impact of NAFTA is difficult to measure since trade and investment trends are influenced by numerous other economic variables, such as economic growth, inflation, and currency fluctuations. The agreement likely accelerated and also locked in trade liberalization that was already taking place in Mexico, but many of these changes may have taken place without an agreement. Nevertheless, NAFTA is significant, because it was the most comprehensive free trade agreement (FTA) negotiated at the time and contained several groundbreaking provisions. A legacy of the agreement is that it has served as a template or model for the new generation of FTAs that the United States later negotiated, and it also served as a template for certain provisions in multilateral trade negotiations as part of the Uruguay Round. The 115th Congress faces numerous issues related to NAFTA and international trade. President Donald J. Trump has proposed renegotiating NAFTA, or possibly withdrawing from it. Congress may wish to consider the ramifications of renegotiating or withdrawing from NAFTA and how it may affect the U.S. economy and foreign relations with Mexico and Canada. It may also wish to examine the congressional role in a possible renegotiation, as well as the negotiating positions of Canada and Mexico. Mexico has stated that, if NAFTA is reopened, it may seek to broaden negotiations to include security, counter-narcotics, and transmigration issues. Mexico has also indicated that it may choose to withdraw from the agreement if the negotiations are not favorable to the country. Congress may also wish to address issues related to the U.S. withdrawal from the proposed Trans-Pacific Partnership (TPP) free trade agreement among the United States, Canada, Mexico, and 9 other countries. Some observers contend that the withdrawal from TPP could damage U.S. competitiveness and economic leadership in the region, while others see the withdrawal as a way to prevent lower cost imports and potential job losses. Key provisions in TPP may also be addressed in 'modernizing' or renegotiating NAFTA, a more than two decade-old FTA. NAFTA was controversial when first proposed, mostly because it was the first FTA involving two wealthy, developed countries and a developing country. The political debate surrounding the agreement was divisive with proponents arguing that the agreement would help generate thousands of jobs and reduce income disparity in the region, while opponents warned that the agreement would cause huge job losses in the United States as companies moved production to Mexico to lower costs. In reality, NAFTA did not cause the huge job losses feared by the critics or the large economic gains predicted by supporters. The net overall effect of NAFTA on the U.S. economy appears to have been relatively modest, primarily because trade with Canada and Mexico accounts for a small percentage of U.S. GDP. However, there were worker and firm adjustment costs as the three countries adjusted to more open trade and investment. The rising number of bilateral and regional trade agreements throughout the world and the rising presence of China in Latin America could have implications for U.S. trade policy with its NAFTA partners. Some proponents of open and rules-based trade contend that maintaining NAFTA or deepening economic relations with Canada and Mexico will help promote a common trade agenda with shared values and generate economic growth. Some opponents argue that the agreement has caused worker displacement.

Book Environmental Impacts of a North American Free Trade Agreement

Download or read book Environmental Impacts of a North American Free Trade Agreement written by Gene M. Grossman and published by . This book was released on 1991 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

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

Download or read book Potential Impact on the U S Economy and Selected Industries of the North American Free Trade Agreement written by DIANE Publishing Company and published by DIANE Publishing. This book was released on 1995-10 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Methodology for Impact Assessment of Free Trade Agreements

Download or read book Methodology for Impact Assessment of Free Trade Agreements written by Michael G. Plummer and published by Asian Development Bank. This book was released on 2011-02-01 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication displays the menu for choice of available methods to evaluate the impact of Free Trade Agreements (FTAs). It caters mainly to policy makers from developing countries and aims to equip them with some economic knowledge and techniques that will enable them to conduct their own economic evaluation studies on existing or future FTAs, or to critically re-examine the results of impact assessment studies conducted by others, at the very least.

Book The Future of North American Trade Policy

Download or read book The Future of North American Trade Policy written by Kevin P. Gallagher and published by . This book was released on 2009-11-30 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Handbook of Deep Trade Agreements

Download or read book Handbook of Deep Trade Agreements written by Aaditya Mattoo and published by World Bank Publications. This book was released on 2020-09-23 with total page 821 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deep trade agreements (DTAs) cover not just trade but additional policy areas, such as international flows of investment and labor and the protection of intellectual property rights and the environment. Their goal is integration beyond trade or deep integration. These agreements matter for economic development. Their rules influence how countries (and hence, the people and firms that live and operate within them) transact, invest, work, and ultimately, develop. Trade and investment regimes determine the extent of economic integration, competition rules affect economic efficiency, intellectual property rights matter for innovation, and environmental and labor rules contribute to environmental and social outcomes. This Handbook provides the tools and data needed to analyze these new dimensions of integration and to assess the content and consequences of DTAs. The Handbook and the accompanying database are the result of collaboration between experts in different policy areas from academia and other international organizations, including the International Trade Centre (ITC), Organisation for Economic Co-operation and Development (OECD), United Nations Conference on Trade and Development (UNCTAD), and World Trade Organization (WTO).

Book Introduction to Business

Download or read book Introduction to Business written by Lawrence J. Gitman and published by . This book was released on 2024-09-16 with total page 1455 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License.

Book NAFTA Revisited

    Book Details:
  • Author : Gary Clyde Hufbauer
  • Publisher : Peterson Institute
  • Release : 2005
  • ISBN : 9780881325591
  • Pages : 556 pages

Download or read book NAFTA Revisited written by Gary Clyde Hufbauer and published by Peterson Institute. This book was released on 2005 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The North American Auto Industry Under NAFTA

Download or read book The North American Auto Industry Under NAFTA written by Sidney Weintraub and published by CSIS. This book was released on 1998 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyzes the performance of the industry after the North American Free-Trade Agreement took effect, in each of the three countries and on the continent as a whole. Also looks at the impact of environmental regulations. The studies were funded by automobile companies and reviewed by personnel representing them. Annotation copyrighted by Book News, Inc., Portland, OR

Book NAFTA to USMCA  What is Gained

Download or read book NAFTA to USMCA What is Gained written by Mary E. Burfisher and published by International Monetary Fund. This book was released on 2019-03-26 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Lessons from NAFTA

Download or read book Lessons from NAFTA written by Luis Serven and published by World Bank Publications. This book was released on 2004-11-15 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book The Year in Trade

Download or read book The Year in Trade written by and published by . This book was released on 1992 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Impact of Trade Agreements

Download or read book The Impact of Trade Agreements written by Swarnali Ahmed Hannan and published by International Monetary Fund. This book was released on 2016-09-23 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Trans-Pacific Partnership (TPP) has reinvigorated research on the ex-ante impact of trade agreements. The results from these ex-ante models are subject to considerable uncertainties, and needs to be complimented by ex-post studies. The paper fills this gap in recent literature by employing synthetic control methods (SCM) – currently extremely popular in micro and macro studies – to understand the impact of trade agreements in the period 1983–1995 for 104 country pairs. The key advantage of using SCM to address selection bias – one of the persisting issues in trade literature – is that it allows the effect of unobserved confounder to vary with time, as opposed to traditional econometric methods that can deal with time-invariant unobserved country characteristics. Using SCM approach, the paper finds that trade agreements can generate substantial gains, on average an increase of exports by 80 percentage points over ten years. The export gains are higher when emerging markets have trade agreements with advanced markets. The paper shows that all the countries in NAFTA have substantially gained due to NAFTA. Finally, there is some evidence that trade agreements can potentially lead to slight import diversion, but not export diversion.

Book The U S  Singapore Free Trade Agreement

Download or read book The U S Singapore Free Trade Agreement written by Manuel F. Casanova and published by Nova Publishers. This book was released on 2005 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: On 31 July 2003, the Senate and, on July 24, the House passed H.R.2739 (United States-Singapore Free Trade Agreement Implementation Act) which is to implement the U.S. - Singapore Free Trade Agreement (FTA). The FTA would, with a phase-in period, eliminate tariffs on all goods traded between the United States and Singapore, cover trade in services, and protect intellectual property rights. The agreement has received support from the business community and consumer organisations but has been criticised by labour and some environmental interests. Some of the specific concerns raised deal with the restrictions on penalties for unresolvable disputes over labour and environmental issues, the Integrated Sourcing Initiative, potential capital controls, temporary visas, and access for U.S. exports of chewing gum. Since Singapore is a relatively small economy, the economic effects of the U.S. - Singapore Free Trade Agreement, by themselves, are not likely to be great. free trade interests who would benefit from more liberalised trade, particularly in services, and labour or anti-globalisation interests who oppose more FTA's because of the overall impact of imports on jobs and the general effects of globalisation on income distribution, certain jobs, and the environment. Specific provisions of the agreement also have generated debate. This book discusses the problems and issues that the Free Trade Agreement has brought up.

Book Potential Effects of a North American Free Trade Agreement on Apparel Investment in CBERA Countries   Report to the United States Trade Representative on Investigation No  332 321

Download or read book Potential Effects of a North American Free Trade Agreement on Apparel Investment in CBERA Countries Report to the United States Trade Representative on Investigation No 332 321 written by United States International Trade Commission and published by . This book was released on 1992 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: