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limited effects upon the NAFTA incumbents, the U.S., Canada, and Mexico. This follows intuitively from the size and proximity …
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We investigate the response of US trucking firms to the removal of barriers to crossborder trucking under NAFTA. This was done via a program implemented in 2007, cancelled in 2009, and reinstated in 2011. We find that, unsurprisingly, the program's start resulted in lower stock returns,...
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