North American Free Trade: Issues and RecommendationsNegotiations toward a North American free trade area (FTA) started in early 1991. This study assesses the impact such negotiations would have on the US and Mexican economies, the goals of a North American ETA, and the implications for world trade relations. Three main topics are examined: the goals of the United States, Mexico, and Canada in pursuing closer trade ties, and the appropriate modalities and timetable for achieving those objectives; the implications of prospective negotiations: what should and should not be on the table, how the US-Canada model could be applied, and/or how that model would need to be modified; and the implications for the world trading system in light of the results of the Uruguay Round of multilateral trade negotiations in the GATT. |
Contents
References 345 | 5 |
The Substantive Agenda and Implications | 23 |
A Survey | 47 |
Investment | 71 |
The Maquiladora Phenomenon | 91 |
Labor | 107 |
The Environment | 131 |
Rules of Origin | 155 |
Energy | 185 |
Automobiles | 209 |
industry 198488 | 235 |
Steel | 243 |
Textiles and Apparel | 263 |
Agriculture | 279 |
The Mexican Financial System | 305 |
Mexican insurers 1989 | 316 |
Intellectual Property Issues | 173 |
Summary and Conclusions | 329 |
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Common terms and phrases
50 percent addition antidumping Auto Pact automobile automotive average Banamex Banco de México banks barriers Big Three bilateral border brokerage Canada Canada-US FTA Canadian capital chapter companies competition components compulsory licensing costs countries dollars domestic duty economic employment energy environmental European Community exports to Mexico firms foreign investment foreign participation Free Trade Agreement GATT growth imports from Mexico increase industry Inside U.S. Trade intellectual property International Trade Commission ISBN paper issues Journal of Commerce June labor manufacturing maquiladora metric tons Mexican economy Mexican exports Mexican government Mexico City million NAFTA NAFTA negotiations NAFTA talks operations Pemex percentage petrochemicals plants pollution production protection quotas reforms requirements restrictions rules of origin sector September 1991 standards steel subsidies tariff Telmex textiles and apparel tion Trade Commission 1991a trilateral United Uruguay Round US-Canada US-Mexico vehicles wage Wall Street Journal workers