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Burfisher, Mary E.; Lambert, Frederic; Matheson, Troy - 2019

The United States - Mexico - Canada Agreement (USMCA) was signed on November 30, 2018 and aims to replace and modernize … steel and aluminum imports from Canada and Mexico and the elimination of the Canadian and Mexican import surtaxes imposed …

Persistent link: https://www.econbiz.de/10012009997

How Has Nafta Affected the Mexican Economy? : Review and Evidence

Kose, M. Ayhan - 2004

This paper provides a comprehensive assessment of the impact of NAFTA on growth and business cycles in Mexico. The … effect of the agreement in spurring a dramatic increase in trade and financial flows between Mexico and its NAFTA partners … facts and recent empirical research. The paper concludes by drawing lessons from Mexico''s NAFTA experience for policymakers …

Persistent link: https://www.econbiz.de/10014404062

Economic Integration, Business Cycle, and Productivity in North America

Kose, M. Ayhan - 2004

This paper examines the effect of the major Canada-U.S. trade agreements on the dynamics of business cycles and productivity in Canada. The North American Free Trade Agreement (NAFTA) and its predecessor, the Canada-U.S. Free Trade Agreement (CUSFTA), have led to a substantial expansion of trade...

Persistent link: https://www.econbiz.de/10014400637

Foreign Exchange Risk Regulation : Issues for Industrial and Developing Countries

Hartmann, Philipp - 1994

Capital adequacy regulations or quantity restrictions on bank portfolios put forward by the Basle Committee on Banking Supervision have virtually become an international standard of prudential regulation. Recent proposals aim at extending this approach to market risks, in particular to foreign...

Persistent link: https://www.econbiz.de/10014395873

Performance of Western Hemisphere Trading Blocs : A Cost-Corrected Gravity Approach

Croce, Enzo - 2004

We study the performance of the four Western Hemisphere trading blocs during the period 1978-2001. For the North American Free Trade Agreement (NAFTA), trade integration outweighed trade diversion; for MERCOSUR, increased integration and trade diversion went hand in hand; for the Central American...

Persistent link: https://www.econbiz.de/10014404140

Spillovers Across Nafta

Bayoumi, Tamim - 2008

world-the United States, euro area, Japan, and the rest of the world-to Canada and Mexico, and decomposing the impact of … can be accounted for by the ""Great Moderation"" in U.S. growth. Before 1996, domestic volatility in Mexico swamped the ….S. shock-""when the U.S. sneezes, Mexico catches a cold"". These spillovers are transmitted through both trade and financial …

Persistent link: https://www.econbiz.de/10014401401

Monetary and Exchange Rate Arrangements for Nafta

Eichengreen, Barry J. - 1993

This paper considers the extent to which the North American Free Trade Area (NAFTA) meets the criteria for a common currency area. NAFTA is compared with the EC, a regional grouping for which initial plans for a monetary union are already in place. Most of the anticipated benefits from a...

Persistent link: https://www.econbiz.de/10014396278

Central America, Panama, and the Dominican Republic : trade integration and economic performance

Medina Cas, Stephanie; Swiston, Andrew; Barrot, Luis-Diego - 2012

This paper studies the potential for the export sector to play a more important role in promoting growth in Central America, Panama, and the Dominican Republic (CAPDR) through deeper intra-regional and global trade integration. CAPDR countries have enacted many free trade agreements and other...

Persistent link: https://www.econbiz.de/10009622936

The African Continental Free Trade Agreement : welfare gains estimates from a general equilibrium model

Abrego, Lisandro E.; Amado, Maria Alejandra; Gursoy, Tunc; … - 2019

In March 2018, representatives of member countries of the African Union signed the African Continental Free Trade Area (AfCFTA) agreement. This agreement provides a framework for trade liberalization in goods and services and is expected to eventually cover all African countries. Using a...

Persistent link: https://www.econbiz.de/10012102028

Are Regional Trade Agreements in Asia Stumbling or Building Blocks? : Some Implications for the Mekong-3 Countries

Tumbarello, Patrizia - 2007

Is the recent proliferation of Regional Trade Agreements (RTAs) in Asia a healthy development, or runs the risk of turning into an unmanageable ""noodle bowl"" in the future? The goal of this paper is to shed some light on this question. The results show that membership in the Asian RTAs...

Persistent link: https://www.econbiz.de/10014400352

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