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After 26 years of trading under the North American Free Trade agreement (NAFTA), Mexico and its North American partners … enter a new phase with the entry into force of United States-Mexico-Canada Agreement (USMCA) on 1 July 2020. This note … quantifies the potential impact of the agreement on Mexico and assesses its implications for Mexico’s economic development in the …
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The Canada-United States-Mexico Agreement (CUSMA), as amended by the Protocol of Amendment signed December 10, 2019 … threshold for tax and duty-free entry into Canada and Mexico of low-value goods imports; and easing some barriers to services … GDP and welfare for all three parties, with Mexico being hardest hit and the United States the least. Canada's real GDP …
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The Trump Administration has pursued a sharply different – and for its trade partners unsettling – trade policy from that followed by the United States in the postwar period. While much attention has been focussed on the oftentimes contradictory, oftentimes theoretically unfounded, and...
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Canada is developing a progressive trade agenda (PTA) that is pitched as a response to the rise of anti-globalization populism. This note reviews the concept of the PTA, its motivation, the specific elements that comprise it, the likely efficacy of these measures in addressing the factors...
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This paper analyzes the impact of the Canada-Korea Free Trade Agreement on the basis of the published text and agreed schedule of commitments. We find that the Agreement reinforces existing patterns of comparative advantage between Canada (agriculture and resource-based sectors) and Korea (autos...
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