The literature concerning bilateral trade flows between Mexico and the United States is comparatively small. With the growing importance of international commerce between these economies, potential trade flow responses to changes in relative prices and income performance deserves more attention....

An ongoing and difficult policy issue confronting monetary .authorities in many developing economies is how to maintain stable prices. Unstable prices create uncertainty, lower investment, and raise costs of doing business, thus lowering rates of growth. As a result, when a country, it is...

This paper examines changes in intra-industry trade, IIT, in manufactured goods between the US and Mexico over the first five years of the North American Free Trade Agreement. Most industries experienced large increases in, IIT. An examination of various indexes of intra-industry specialization...