Mexican Experiences with NAFTA



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Code : ITF0017

Year :
2004

Industry :General Business

Region : :Mexico

Teaching Note: Not Available

Structured Assignment : Not Available

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Abstract: The North American Free Trade Agreement (NAFTA) was signed in 1992 by the then Mexican President, Carlos Salinas, along with the Canadian Prime Minister, Brian Mulroney, and the US President, George Bush Sr. Since then, NAFTA had considerably influenced the Mexican political and economic environment, reinforcing the economic reforms in Mexico that began in the 1980s. By 2003, Mexico had graduated to be the ninth largest economy in the world from its 15th position in the early 1990s. However, NAFTA also posed certain challenges for Mexico that had to be answered for an overall development of the nation.

Pedagogical Objectives:

  • To discuss the various positive and negative implications of NAFTA on Mexico.
    Keywords
    Mexico, North American Free Trade Agreement (NAFTA), Mexican economy, 1988 US-Canada Free Trade Agreement, Regional trade blocks, Andean Pact, European Union, International Trade & World Economy Case Study, Association of Southeastern Asian Nations (ASEAN), Treaty of Asuncion, Political reforms in Mexico, National Action Party, Institutional Revolutionary Party, Common external tariff, Group of three, Real wages in Mexico

    Contents :
    ORIGIN OF NAFTA
    POLITICAL REFORMS IN MEXICO
    SELECTED INDICATORSOVER GDP IN MEXICO
    CHALLENGES FOR MEXICO


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