times more than real GDP in the U.S. and Mexico, and by a factor of five in Canada. The decline in trade and output was … benchmark calibration can account for 72% of the fall in output in Canada, 19% of the fall in output in Mexico, and about two …

Total U.S. trade with NAFTA partners has increased 78 percent in real terms since 1993-U.S. Mexico trade alone is up … nature of U.S. trade growth with Canada and Mexico to growth in U.S. trade with non NAFTA partners. We apply a simple … from Mexico …