scholarly journals NAFTA's Impact on Korean Exports

2005 ◽  
Vol 6 (1) ◽  
pp. 35-55
Author(s):  
Kye Woo Lee
Keyword(s):  
North America ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Trade Diversion ◽  
Gravity Models ◽  
External Trade ◽  
Asian Countries ◽  
The North ◽  
Trading Market ◽  
The Impact

Many Asian countries arc concerned that as the negotiations for the propa;el Free T rale Agreement of the Americas (FT AA) are concluded in 2005, it may erode their share of the largest trading market, North America. As a first step roward assessing the impact of the FTAA on Asian countries, rhis paper evaluates rhe effects of FTAA's predecessor, the North American Free Trade Agreement (NAFTA), on Korean external trade. Analys.as of the shifi: in shares, rrade intensity indices, and gravity models are used to assess the impact at a macro level, while trade diversion aod crearion effects are tested at sub-industty levels. Some lessons for future action are also drawn.

scholarly journals The Impact of NAFTA on the United States

2001 ◽  
Vol 15 (1) ◽  
pp. 125-144 ◽  
Author(s):  
Mary E Burfisher ◽  
Sherman Robinson ◽  
Karen Thierfelder
Keyword(s):  
Free Trade Agreement ◽  
Trade Agreement ◽  
Trade Diversion ◽  
The United States ◽  
Trade Creation ◽  
Policy Debate ◽  
Trade Data ◽  
The North ◽  
The Impact ◽  
The U.S

We describe the main economic arguments posed for and against the North American Free Trade Agreement (NAFTA) during the U.S. policy debate. To evaluate these arguments, we analyze recent trade data and survey post-NAFTA studies. We find that both the U.S. and Mexico benefit from NAFTA, with much larger relative benefits for Mexico. NAFTA also has had little effect on the U.S. labor market. These results confirm the consensus opinion of economists at the time of the debate. Finally, studies find that trade creation greatly exceeds trade diversion in the region under NAFTA, especially in intermediate goods.

scholarly journals Trade Creation and Trade Diversion in the North American Free Trade Agreement: The Case of the Agricultural Sector

2007 ◽  
Vol 39 (1) ◽  
pp. 121-134 ◽  
Author(s):  
Dwi Susanto ◽  
C. Parr Rosson ◽  
Flynn J. Adcock
Keyword(s):  
Free Trade ◽  
North American ◽  
Free Trade Agreement ◽  
Agricultural Sector ◽  
Trade Agreement ◽  
Trade Diversion ◽  
The North ◽  
Tariff Rates ◽  
Agricultural Imports ◽  
The U.S

This paper examines the effect of the U.S.-Mexico trade agreement under the North American Free Trade Agreement (NAFTA). The results suggest that U.S. agricultural imports from Mexico have been responsive to tariff rate reductions applied to Mexican products. A one percentage point decrease in tariff rates is associated with an increase in U.S. agricultural imports from Mexico by 5.31% in the first 6 years of NAFTA and by 2.62% in the last 6 years of NAFTA. U.S. imports from Mexico have also been attributable to the pre-NAFTA tariff rates. Overall, the results indicate that the U.S-Mexico trade agreement under NAFTA has been trade creating rather than trade diverting.

The impact of the NAFTA treaty on wage competition, immigration, labor standards and cross-border co-operation

2001 ◽  
Vol 7 (3) ◽  
pp. 494-514 ◽  
Author(s):  
Alfredo Hualde ◽  
Miguel Angel Ramírez
Keyword(s):  
Trade Unions ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Living Standards ◽  
Labor Standards ◽  
Cross Border ◽  
The North ◽  
Economic Area ◽  
The Usa ◽  
The Impact

The signing of the North American Free Trade Agreement (NAFTA) in 1993 led to the formation of a social and economic area characterized by marked asymmetry between its members: the USA, Mexico and Canada. Seven years later the results in terms of salaries, employment and labor standards are not very positive, although they have not produced the catastrophic results foreseen by some. In Mexico several hundred thousand jobs were created, especially in the maquiladora export industry, but this has been associated with falling living standards and rising poverty. Migration from Mexico to the USA has increased. Poor labor standards and illegal employment have led to collaboration between NGOs and trade unions on both sides of the frontier.

Speedy Mexico-EU trade deal promises risks and rewards

2017 ◽  
Keyword(s):  
North America ◽  
Free Trade ◽  
North American ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Transportation Costs ◽  
Donald Trump ◽  
Content Type ◽  
The North

Subject Mexico-EU trade talks Significance Talks on modernising the Mexico-EU Free Trade Agreement (FTA) have gained urgency since the election of US President Donald Trump as the prospect of an end to free trade within North America forces Mexican officials to get serious about diversifying relations. While negotiators hope to seal a new EU deal by the end of the year, many issues are yet to be addressed and renegotiation of the North American Free Trade Agreement (NAFTA) is absorbing bureaucratic capacity. Impacts Anti-American sentiment stemming from Washington’s hostility could favour European firms and investors in Mexico. The rush to conclude agreements risks bad deals and political blowback from Mexico’s opposition. Transportation costs and connectivity will ultimately matter more for Mexican diversification than already low tariffs.

North American Free Trade Agreement Truck Highway Corridors: U.S.-Mexican Truck Rivers of Trade

1998 ◽  
Vol 1613 (1) ◽  
pp. 71-78 ◽  
Author(s):  
John P. McCray
Keyword(s):  
United States ◽  
Free Trade ◽  
North American ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
The United States ◽  
Advocacy Groups ◽  
The North ◽  
Federal Highway ◽  
The Impact

The dramatic growth in trade between the United States and Mexico from $12.39 billion to $56.8 billion of U.S. exports and $17.56 billion to $73 billion of U.S. imports between 1977 and 1996 and the implementation of the North American Free Trade Agreement (NAFTA) have focused attention on the impact that the truck-transported portion of this trade has on U.S. highways. State and federal highway administrators are concerned with the planning implications this additional unexpected traffic may have on the transportation infrastructure. Public advocacy groups want additional highway funds to promote one NAFTA highway corridor over others in an effort to stimulate additional economic development. Most of these groups advocate a north-south route through the United States between Canada and Mexico that follows the alignment of an existing federal highway number. Research conducted by the U.S. government under the 1991 Intermodal Surface Transportation Efficiency Act has failed to define NAFTA highway corridors adequately, leaving policy makers with little concrete information with which to combat the rhetoric of the trade highway corridor advocacy groups. A report is provided on research critical to the needs of both highway administrators and corridor advocacy groups, namely, the location of U.S.-Mexican trade highway corridors and the trade truck density along these corridors.

scholarly journals The contradictions of regionalism in North America

2009 ◽  
Vol 35 (S1) ◽  
pp. 147-167 ◽  
Author(s):  
ANN CAPLING ◽  
KIM RICHARD NOSSAL
Keyword(s):  
North America ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Free Trade Agreements ◽  
Trade Agreement ◽  
Trade Agreements ◽  
The United States ◽  
Economic Implications ◽  
The North ◽  
The World

AbstractStudents of regionalism almost reflexively include North America in their lists of regions in contemporary global politics. Inevitably students of regionalism point to the integrative agreements between the countries of North America: the two free trade agreements that transformed the continental economy beginning in the late 1980s – the Canada–US Free Trade Agreement that came into force on 1 January 1989, and the North American Free Trade Agreement (NAFTA) between the United States, Mexico, and Canada, that came into force on 1 January 1994 – and the Secutity and Prosperity Partnership of North America (SPP), launched in March 2005. These agreements, it is implied, are just like the integrative agreements that forge the bonds of regionalism elsewhere in the world. We argue that this is a profound misreading, not only of the two free trade agreements of the late 1980s and early 1990s and the SPP mechanism of 2005, but also of the political and economic implications of those agreements. While these integrative agreements have created considerable regionalisation in North America, there has been little of the regionalism evident in other parts of the world. We examine the contradictions of North America integration in order to explain why North Americans have been so open to regionalisation but so resistant to regionalism.

Protecting Free Trade: The Political Economy of Rules of Origin

2008 ◽  
Vol 62 (3) ◽  
pp. 507-530 ◽  
Author(s):  
Kerry A. Chase
Keyword(s):  
Free Trade ◽  
Free Trade Agreement ◽  
Returns To Scale ◽  
Free Trade Agreements ◽  
Trade Agreement ◽  
External Trade ◽  
Public Attention ◽  
Rules Of Origin ◽  
The North ◽  
Domestic Coalitions

The design of rules of origin in free trade agreements (FTAs) arouses spirited lobbying campaigns that mostly escape public attention. This article argues that the domestic groups generally most favorable to FTAs differ in their preferences over rules of origin: industries with large returns to scale favor strict rules of origin to gain scale economies in an FTA, while industries with multinational supply chains prefer lenient rules of origin to accommodate offshore procurement. An econometric analysis of rules of origin in the North American Free Trade Agreement (NAFTA) finds tougher rules of origin the higher the external trade protection and the larger the returns to scale, and more permissive rules of origin the greater the involvement in foreign sourcing. The results suggest that rules of origin may be critical to building domestic coalitions for FTAs. Industry preferences toward rules of origin therefore have important implications for the politics of FTA ratification.

The Commission for Environmental Cooperation and Environmental Management in the Americas

1998 ◽  
Vol 39 (4) ◽  
pp. 41-62 ◽  
Author(s):  
Stephen P. Mumme ◽  
Pamela Duncan
Keyword(s):  
Environmental Management ◽  
North America ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Environmental Cooperation ◽  
Complete Answer ◽  
The North ◽  
International Commitments ◽  
New Institutions

To what extent has the North American Free Trade Agreement contributed to strengthening and deepening international environmental management in the Americas? Should the system be broadened to incorporate other nations? While a complete answer to these queries is currently beyond reach, there should be little doubt that NAFTA has influenced and continues to influence the direction of environmental management in North America and the hemisphere at large. The agreement has spawned a series of new institutions that are already reshaping current practices and that have considerable promise for broadening the range of international commitments to environmental management in the Americas. The most prominent and most relevant of these is the Commission for Environmental Cooperation (CEC).

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