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In this paper it is argued that there is an important protectionist bias inherent in free trade agreements which is not present in custom unions. In any customs union or free trade agreement, one of the critical issues concerns "rules of origin." In a free trade agreement rules of origin have an...
Persistent link: https://www.econbiz.de/10013124656
This paper investigates the impact of market structure on the joint determination of exchange rate pass- through and currency of invoicing in international trade. A novel feature of the study is the focus on market share of firms on both sides of the market—that is, exporting firms and...
Persistent link: https://www.econbiz.de/10013018317
United Kingdom and Canada: both countries experienced similar slowdowns in the rate of growth of educational attainment …
Persistent link: https://www.econbiz.de/10013225391
. Using an applied GE model, we find that (A) the gains to Mexico are significant and the effects on the US and Canada are … markets) results in large gains for Mexico as the Mexican industry is forced to rationalize, while losses to the US and Canada …A theoretical model is developed and applied to the North American auto industry, motivated by the possibility of US-Mexico …
Persistent link: https://www.econbiz.de/10013139985
This paper compares two possible formats for free trade in the Americas: a system of spokes surrounding a U.S. hub, and a free trade area. The paper identifies the sources of welfare change, and it argues that a country's attitude towards a system depends on whether the arrangement is a...
Persistent link: https://www.econbiz.de/10013222627
Conventional analysis in the trade-industrial-organization literature suggests that, when a country has some market power over an imported good, some small level of protection must be welfare improving. This is essentially a terms-of-trade argument that is reinforced if the imported goods are...
Persistent link: https://www.econbiz.de/10013225141
migration narrowed wage inequality in Canada; increased it in the United States; and reduced the relative wage of workers at the … bottom of the skill distribution in Mexico …
Persistent link: https://www.econbiz.de/10012754239
on U.S. regulations and net trade flows among the U.S., Canada, and Mexico, for 130 manufacturing industries from 1977 to …
Persistent link: https://www.econbiz.de/10014070620
only to describe the contracting practices of US and Canadian franchisors in Mexico but, most importantly, to compare them … agreements in Mexico compared to their home market. Our empirical results confirm hypotheses derived from the theories …, particularly with respect to the decision to operate in Mexico. But we also find some surprises - for example, the vast majority of …
Persistent link: https://www.econbiz.de/10013229054
British beef exports did not constitute a protectionist measure, while the US ban on Chilean fruit possibly classifies as such …
Persistent link: https://www.econbiz.de/10013220395