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Regional Paper

North American Free Trade Agreement (NAFTA) began on January 1, 1994. This agreement will remove most barriers to trade and investment among the United States, Canada, and Mexico. Under the NAFTA, all non-tariff barriers to agricultural trade between the United States and Mexico were eliminated. In addition, many tariffs were eliminated immediately, with others being phased out over periods of 5 to 15 years. This allowed for an orderly adjustment to free trade with Mexico, with full implementation beginning January 1, 2008 (USDA 2008). Regional integration is expected to stimulate intra-regional trade and investment; in the longer run it hopes to combine larger markets, tougher competition, and more efficient resource distribution which create growth for the participating economies. Smaller economies tend to be export-based with only one or two primary products.
This paper discusses the impact of trade improvement and economic integration in Mexico since......

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Approximate Word Count: 999
Approximate Pages: 4 (250 words per double-spaced page)

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