North American Free Trade: Issues and Recommendations

Synopsis

A clear, well-written, and comprehensive statement of a number of salient issues involving North American free trade-- summarized and referenced to more detailed source material for the interested reader.--Clark W. Reynolds, Stanford UniversityA first-rate piece of work . . . Its great value is that it will be used for some time as a reference document by experts who will want to delve more deeply into the specifics of the many technical issues covered.--Sidney Weintraub, University of Texas, AustinNegotiations toward a North American Free Trade Area (NAFTA) began in June 1991. This book assesses both the substances and the form of a prospective NAFTA. Part One examines the objectives of the United States, Mexico, and Canada in the NAFTA negotiations; the potential shape and contents of the agreement (including dispute-settlement and institutional issues); its possible extension to third countries; and its implications for multilateral trade negotiations and the GATT.Part Two examines the broad economic implications of a NAFTA for trade, investment, and employment; labor and environmental concerns that arise because of Mexico's lower level of economic development; and the cross-sectional issues of rules of origin and intellectual property.Part Three analyzes how the energy, auto, steel, textile, agricultural, and financial services sectors of the Mexican economy could be affected by a NAFTA, and the implications for U.S. and Canadian industries. Part Four summarizes the major conclusions and policy recommendations.

Additional information

Publisher: Place of publication:
  • Washington, DC
Publication year:
  • 1992

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