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The Trans-Pacific Partnership (TPP) and Trans-Atlantic Trade and Investment Partnership (T-TIP) are both slated to contain investor protections similar to those contained in the North Atlantic Free Trade Agreement (NAFTA). These measures, as included in NAFTA, allowed businesses to seek...
Persistent link: https://www.econbiz.de/10013022869
negotiations, policy coherence issues arise with both new and existing FTA partners, depending on the progressive credentials of …
Persistent link: https://www.econbiz.de/10012932451
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...
Persistent link: https://www.econbiz.de/10013249950
Using U.S. Census data for 1990-2000, we estimate effects of NAFTA on U.S. wages, focusing on differences by gender. We find that NAFTA tariff reductions are associated with substantially reduced wage growth for married blue-collar women, much larger than the effect for other demographic groups....
Persistent link: https://www.econbiz.de/10011640576
Using US Census data for 1990-2000, we estimate effects of NAFTA on US wages. We look for effects of the agreement by industry and by geography, measuring each industry's vulnerability to Mexican imports, and each locality's dependence on vulnerable industries. We find evidence of both effects,...
Persistent link: https://www.econbiz.de/10012980216
We build into a Ricardian model the role of trade in intermediate inputs, sectoral linkages and differing productivity levels across sectors. We also propose a method to estimate sectoral trade elasticities. In our model, the trade effects due to overall tariff reductions account for most of the...
Persistent link: https://www.econbiz.de/10014178321
This timely book examines international trade and investment law at various levels of governance, including unilateral, bilateral, regional, and multilateral arrangements. The author demonstrates that the nature of international trade law is fragmented and cyclical. Whilst not always...
Persistent link: https://www.econbiz.de/10014194799
The North America Free Trade Agreement (NAFTA) took effect in January 1994. From that year until 2000, Mexican exports grew three times faster (15%) than in the previous six years. This remarkable showing has encouraged Mexico and other countries to pursue more accords. Nevertheless, the...
Persistent link: https://www.econbiz.de/10014135234
Debates over the desirability a preferential trading area (PTA) begin with the supposition that it will have two effects on the volume of trade: it will increase trade between PTA members, and decrease trade between members and non-members. This paper demonstrates, however, that at the regional...
Persistent link: https://www.econbiz.de/10014148624
Building on, and indeed ratcheting up, the rhetoric of the US election campaign, the new Trump Administration has signalled disruptive change to US trade relations. The not-yet-in-force Trans-Pacific Partnership was torn up on day one of the new presidential term, the future of NAFTA was thrown...
Persistent link: https://www.econbiz.de/10014123046