Free Trade between Mexico and the United States?

By Sidney Weintraub | Go to book overview

CHAPTER FOUR
Mexican Trade Policy

MEXICAN trade policy is not constant in that efforts to reduce import restrictions with the goal of improving industrial competitiveness have given way to renewed protectionism at times of balance-of-payments crisis. The years 1982 and 1983 were times of such financial crisis and, hence, of restrictive import policy.


Patterns of Imports and Exports

As a result of Mexico's past policy of industrialization and the heavy emphasis placed on import substitution, Mexican merchandise imports are composed mainly of industrial inputs and capital goods (table 4-1). These two categories normally make up between 80 and 90 percent of the value of total Mexican imports.1 This industrialization policy was made effective by Mexico's system of protection against imports. Since 1947 import licenses have supplemented to shield domestic production against competition from outside, and by the 1970s, import

____________________
1
For data on Mexico's foreign trade with countries other than the United States or with the world as a whole, the sources generally used are the Banco de México or the International Monetary Fund, which obtains its data from Mexican authorities. However, the IMF and the Banco de México differ in their presentation of trade data. The merchandise trade account in the IMF data includes nonmonetary gold and silver trade, whereas the Banco de México's publication, Indicadores Económicos, shows this separately. The IMF data are on a free-on-board basis both for imports and exports since 1971, whereas Indicadores showed imports including cost, insurance, and freight until recently. The IMF merchandise trade deficit figures tend to be larger than those in the Indicadores. My source for U.S. data on bilateral U.S.-Mexican trade is the U.S. Bureau of the Census, and these figures differ from those reported by the Banco de México. However, although precise trade figures differ according to the source used, the conclusions would not.

-66-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this book

This book has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this book

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited page

Bookmark this page
Free Trade between Mexico and the United States?
Table of contents

Table of contents

  • Title Page iii
  • Foreword vii
  • Author's Preface ix
  • Contents xiii
  • Contents xiv
  • Chapter One Introduction 1
  • Chapter Two The Politics of U.S.-Mexican Trade Integration 13
  • Chapter Three U.S.-Mexican Trade 33
  • Chapter Four Mexican Trade Policy 66
  • Chapter Five Mexico's Development Plans And Strategies 95
  • Chapter Six Implementing Free Trade 129
  • Chapter Seven Questioning the Divergence Theory 154
  • Chapter Eight Summary 172
  • Bibliography 187
  • Index 199
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
/ 205

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.