Economic impact of Mexico´s involvement to the North American Free Trade Agreement: the case of foreign trade

Ingrid  Majerová

Published : 2016-06-14

Vol. 4 No. 2 (2016)

Economic impact of Mexico´s involvement to the North American Free Trade Agreement: the case of foreign trade

Ingrid Majerová

Abstract

This article aims to analyze the effects of the involvement of Mexico to the North American Free Trade Agreement, in which the countries with differ-ent economic maturity are involved. The hypothesis of predominance of positive impacts on the US and Canadian economy, compared with fewer positives on the Mexican economy was determined and subsequently verified. The hypothesis was tested using calculations arising from the development of foreign trade of member countries, applying the method of description, analysis and comparison. Based on these calculations, the hypothesis was rejected due to NAFTA ́s greatest impact on Mexico’s foreign trade.

Keywords:

Canada, foreign trade, Mexico, North American Free Trade Agreement, U.S

Details

References

Statistics

Authors

Download files

PDF

Citation rules

Majerová, I. . (2016). Economic impact of Mexico´s involvement to the North American Free Trade Agreement: the case of foreign trade. Forum Scientiae Oeconomia, 4(2), 5–14. Retrieved from https://ojs.wsb.edu.pl/index.php/fso/article/view/221

Altmetric indicators

Cited by / Share

References

Boskin, J.M. (2014), The next trade breakthroughs, available at: http://www.project-syndicate.org/commentary/nafta-growth-new-trade-opportunities-by-michael-boskin-2014-11 (accessed 1 February 2016).

Colyer, D. (2001), Impacts of NAFTA on U.S.-Mexico agricultural trade, avai-labe at: http://ageconsearch.umn.edu/bitstream/19105/1/cp01co01.pdf (ac-cessed 1 February 2016).

Dawson, L. (2014), Canada’s trade with Mexico: where we’ve been, where we’re going and why it matters, Canadian Council of Chief Executives.

Delong, B.J. (2006), Has neo-liberalism failed Mexico?, availabe at: https://www.project-syndicate.org/commentary/has-neo-liberalism-failed-mexico (accessed 1 February 2016).

Hufbauer, G.C., Schott, J.J. (2005), NAFTA revisited: achievements and chal-lenges, Washington DC: Institute for International Economics.

Hufbauer, G.C., Schott, J.J., Orejas, D. (2005), NAFTA revisited: achieve-ments and challenges, Washington DC: Peterson Institute for International Economics.

International Trade Administration (2008), Top U.S. export markets, available at: http://trade.gov/media/publications/pdf/tm_091208.pdf (accessed 3 Feb-ruary 2016).

Lederman, D., Maloney, W.F., Servén, L. (2005). Lessons from NAFTA for Latin America and the Caribbean, Washington DC: The World Bank.

Reynolds, A. (2008), How Pennsylvania gains from NAFTA, Washington DC: Cato Institute.

Secretaría de Economía (2011 a), Balanza comercial de México con Canadá, available at: http://www.economia-snci.gob.mx/sic_php/pages/estadisticas/mexicojun2011/D9bc_ e.html (accessed 15 February 2016).

Secretaría de Economía (2011 b), Balanza comercial de México con Estados Unidos, aavailable at:http://www.economia-snci.gob.mx/sic_php/pages/es-tadisticas/mexicojun2011/G8bc _e.html (accessed 15 February 2016).

Swiston, A., Bayoumi, T. (2008), Spillovers across NAFTA, Washington DC: International Monetary Fund.

Teslik, L.H. (2008), NAFTA ́s Economic impact, The Washington Post, 24 March 2008: 1-2.

The Economist (2014), Nafta at 20: ready to take off again? The Economist, 4 January: 1.

U.S. Chamber of Commerce (2010), Opening markets, creating jobs: estimated U.S. employment effects of trade with NAFTA partners.

USDA (2014), The agricultural trade between U.S. and Mexico, available at: http://www.ers.usda.gov/media/865916/strong_growth_d.html (accessed 3 February 2016).

Villarreal, M.A. (2015), U.S.-Mexico economic relations: trends, issues, and implications, Federation of American scientistsU.S.-Mexico Economic Re-lations: Congressional Research Service.

Weintraub, S. (2004), NAFTA’s impact on North America: the first decade, Washington DC: Center for Strategic and International Studies.