Economic and Environmental Implications of the Proposed U.S. Trade Agreement with Mexico PDF Download

Author: United States. Congress. Senate. Committee on Environment and Public Works
Publisher:
ISBN:
Category : Environmental policy
Languages : en
Pages : 130

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Author: Gene M. Grossman
Publisher:
ISBN:
Category : Environmental impact analysis
Languages : en
Pages : 72

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Book Description
In general, a reduction in trade barriers will affect the environment by expanding the scale of economic activity, by altering the composition of economic activity and by initiating a change in the techniques of production. We present empirical evidence to assess the relative magnitudes of these three effects as they apply to further trade liberalization in Mexico. We first use comparable measures of three air pollutants in a cross-section of urban areas located in 42 countries to study the relationship between air quality and economic growth. We find for two pollutants (sulphur dioxide and 'smoke') that concentrations increase with per capita GDP at low levels of national income, but decrease with GDP growth at higher levels of income. We then study the determinants of the industry pattern of US imports from Mexico and of value added by Mexico's maquiladora sector. We investigate whether the size of pollution abatement costs in US industry influences the pattern of international trade and investment. Finally, we use the results from a computable general equilibrium model to study the likely compositional effect of a North American Free Trade Agreement (NAFTA) on pollution in Mexico.

Author: United States. Congress. House. Committee on Foreign Affairs. Subcommittee on International Economic Policy and Trade
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 148

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Author: Peter M. Garber
Publisher: MIT Press
ISBN: 9780262071529
Category : Business & Economics
Languages : en
Pages : 344

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The seven contributions in this book examine the potential impact of a North American Free Trade Agreement (NAFTA) with Mexico on the U.S. economy. They cover such key aspects as the general sources of comparative advantage between Mexico and the U.S., regional and local effects on production and employment, and the effect on production in particular industries. The authors start from the premise that the trade agreement will have a small impact on the overall U.S. gross national product because the U.S. economy is large compared to that of Mexico and because there is already much unrestricted trade between the two countries. Several chapters consider how some sources of comparative advantage that cut across industries differential environmental regulations and wage differentials - may affect the outcome. These are followed by chapters that assess the locational effects on U.S. production, either from the viewpoint of which metropolitan areas will gain employment or of the scale effects-transportation cost-tradeoff. Concluding chapters address the effect of the NAFTA on several individual U.S. sectors such as agriculture, automobiles, and financial services. Peter M. Garber is Professor of Economics at Brown University. Contents: Introduction, Peter M. Garber. Environmental Impacts of a North American Free Trade Agreement, Gene M. Grossman, Alan B. Krueger. Wage Effects of a U.S.-Mexico Free Trade Agreement, Edward E. Leamer. Some Favorable Impacts of a U.S.-Mexico Free Trade Agreement, J. Vernon Henderson. Mexico- U.S. Free Trade and the Location of Production, Paul Krugman, Gordon Hanson. Trade with Mexico and Water Use in California Agriculture, Robert C. Feenstra, Andrew K. Rose. The Automobile Industry and the Mexico-U.S. Free Trade Agreement, Steven Barry, Vittorio Grilli, Florencio Lopez-de-Silanes. Opening the Financial Services Market in Mexico, Peter M. Garber, Steven R. Weisbrod.

Author: United States. Congress. Senate. Committee on Environment and Public Works
Publisher:
ISBN:
Category : Environmental policy
Languages : en
Pages : 128

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Author: Barbara Hogenboom
Publisher: Utrecht, Netherlands : International Books
ISBN:
Category : Environmental policy
Languages : en
Pages : 284

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The book makes an important contribution to the discussion on the nature and impact of current processes of regionalization and globalization. NGOs criticism on Mexico’s weak enforcement of environmental policy could not be ignored or silenced in the NAFTA debate. In the end, a supplemental environmental agreement was added to the trade agreement: a unique event.

Author: Leslie Alan Glick
Publisher: Kluwer Law International B.V.
ISBN: 940351485X
Category : Law
Languages : en
Pages : 412

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On July 1, 2020, after much expectation and delay, the new United States-Mexico-Canada Agreement (USMCA)—a greatly revised version of the North American Free Trade Agreement (NAFTA) of 1994—came into effect. This timely book by the author of the preeminent guide to NAFTA and an active participant and private sector advocate in the USMCA negotiation and legislative process provides a chapter-by-chapter analysis of the new agreement, clearly describing what has changed from the earlier agreement and what is new. After a concise but expertly calibrated summary of NAFTA, the author proceeds systematically through a practical analysis of each USMCA provision, emphasizing such crucial new elements as the following: new rules on intellectual property rights; stricter rules of origin within the automotive industry; major reforms in Mexican labor laws and their enforceability; opening of Canada’s agricultural and dairy sector to more U.S. competition; entirely new chapter on digital trade; new dispute mechanisms; requirement of an increased minimum wage in auto plants; and a new chapter on environmental standards. Changes in such important aspects of trade as textiles and apparel, ownership of hydrocarbons, cross-border trade in services, and anticorruption measures are also fully described. The USMCA is a response to a United States initiative to renegotiate NAFTA. As a key regional trade agreement with vast global ramifications, familiarity with its content and rules is essential for all business, legal, policymaking, and academic parties concerned with international trade. This useful practical guide will be a welcome addition to private and corporate libraries, including corporate counsel, customs brokers, freight forwarders, logistics and import-export managers, government officials, and academics who need a thorough understanding of the new agreement.

Author: Terry Lee Anderson
Publisher: San Francisco : Pacific Research Institute for Public Policy
ISBN:
Category : Business & Economics
Languages : en
Pages : 124

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Will NAFTA harm the earth? NAFTA's environmental impact, explored in detailed.

Author: Clyde V. Prestowitz
Publisher:
ISBN:
Category : Mexico
Languages : en
Pages : 142

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Book Description
In this report, the Economic Strategy Institute explains how to structure a North American Free Trade Agreement to strengthen the U.S. economy and bolster the competitiveness of an increasingly integrated North American economy. The report begins with a description of U.S. and Mexican interests in the FTA, and an analysis of how they converge and diverge. It then details the assumptions about the Mexican economy and about the economic future of North America that have been driving U.S. policy. Following a critique of these assumptions, the study paints a detailed portrait of the Mexican economy as it is, not as many Americans wish it to be. The economic impact of the FTA being sought by the administration is gauged by describing recent quantitative and qualitative trends in U.S.-Mexico trade, discussing the body of econometric studies published to date on the FTA, and presenting the Institute's own projections, which are based on analyses not only of trade flows, but of investment flows and Mexican industrial policies. Finally, the report identifies a framework for U.S.-Mexico relations likely to strengthen the U.S. economy. It outlines the criteria that a successful agreement has to meet, and presents detailed recommendations on how to achieve these goals in areas ranging from trade and investment to energy and the environment.

Author: United States. Congress. Senate. Committee on Finance. Subcommittee on International Trade
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 94

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