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The giant sucking sound: did NAFTA devour the Mexican peso?

Neely, Christopher J. - In: Review (1996) Jul, pp. 33-48

States. Some commentators blamed the enactment of NAFTA for the devaluation of the peso and the ensuing economic turmoil in … relationship between NAFTA and the 1994 peso crisis and raises some provocative questions: did NAFTA cause or exacerbate the … devaluation of the peso? or did NAFTA help alleviate some of the consequences of the crisis? …

Persistent link: https://www.econbiz.de/10005414835

Mexico's integration into NAFTA markets: a view from sectoral real exchange rates

Blavy, Rodolphe; Juvenal, Luciana - In: Review (2009) Sep, pp. 441-464

The authors use a threshold autoregressive model to confirm the presence of nonlinearities in sectoral real exchange rate dynamics across Mexico, Canada, and the United States for the periods before and after the North American Free Trade Agreement (NAFTA). Although trade liberalization is...

Persistent link: https://www.econbiz.de/10005078413

NAFTA and the geography of North American trade

Wall, Howard J. - In: Review (2003) Mar, pp. 13-26

Debates over the desirability of a preferential trading area frequently begin with the supposition that it will have two effects on the volume of trade: It will increase trade between members of the trading area and decrease trade between members and nonmembers. This paper demonstrates, however,...

Persistent link: https://www.econbiz.de/10005415348