Fuentes, Miguel; Ibarrarán, Pablo - Institut zur Zukunft der Arbeit <Bonn> - 2009
In this paper we study the effect of NAFTA on the responsiveness of Mexican economy toreal exchange rate shocks. We argue that, by opening the U.S. and Canadian markets toMexican goods, NAFTA made it easier for domestic producers to take advantage of theopportunities brought by the depreciation...
