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Regional liberalization sweeps the globe like wildfire while multilateral trade talks proceed at a glacial pace. Why are countries eager to liberalize regionally but reluctant to do so multilaterally? The answer of the GATT-is-dead school is that multilateralism is too cumbersome for...
Persistent link: https://www.econbiz.de/10005661533
Over the past two decades, Argentina, Brazil, Paraguay, and Uruguay have implemented unilateral trade liberalization programs and formed MERCOSUR. The effects of these reforms on production structures in these countries have not received a great deal of attention. This paper analyses patterns of...
Persistent link: https://www.econbiz.de/10005678815
Trade policy changes are likely to result in a reallocation of resources across sectors and space. Over the past two decades, Argentina, Brazil, Paraguay, and Uruguay have implemented unilateral trade liberalization programs and formed a regional bloc, Mercosur. The effects of these reforms on...
Persistent link: https://www.econbiz.de/10008614711
TradeAgreement (NAFTA), a prime example of this new regionalism, on foreign direct investment in Mexico. Using data from the Mexican … Ministry for Trade and Industrial Development (SECOFI), the major finding is that NAFTA has raised investment from the partner …
Persistent link: https://www.econbiz.de/10005505223
Persistent link: https://www.econbiz.de/10005510063
In this chapter, Daniel Schwanen addresses the impact of the major trade liberalization efforts undertaken by Canada and its trading partners beginning with the Canada-U.S. Free Trade Agreement (FTA) in 1989. The author focuses in particular on the question of whether liberalized trade could...
Persistent link: https://www.econbiz.de/10005518909
The North American Free Trade Agreement (NAFTA) was made among three nation-states, Canada, the United States, and …, and political histories which cross the borders of these countries. Within the provisions of NAFTA, each nation … NAFTA as well as the economic interests of indigenous peoples. This paper identifies some of those vacuums, considers their …
Persistent link: https://www.econbiz.de/10005522453
The National Treatment Clause, Article 1102 of the North American Free Trade Agreement, protects foreign investors from discrimination, including expropriation of their investments. This national treatment approach - equal treatment of foreign investors and local investors by states - was...
Persistent link: https://www.econbiz.de/10005522458
economic forces of supply and demand. Ratification of NAFTA, for example, helped integrate the North American market, sparking … integrate the continental market seem to have slowed. Broadening the scope of NAFTA to include institutional reforms that lead …
Persistent link: https://www.econbiz.de/10005526050
Using Mexican survey data, a dynamic econometric model is estimated to test the effect of IRCA, NAFTA and border …
Persistent link: https://www.econbiz.de/10005476983