U.S. trade policy: Some consequences for Mexico

Abstract

THIS WORK EXAMINES THE RECENT EVOLUTION OF THE U.S. TRADE POLICY. IT ANALYZES CURRENT TRADE POLICY NORMS AND THEIR CHARACTERISTICS, AS WELL AT THE IMPLICATIONS THEY HAVE ON MEXICO, THEIR COST-DISTONTING EFFECT AND THE FACT THATH THEY GENERATE MORE DIVERSIONS THAN THE TRADE GNERATED BY THE MULTIFIBER AGREEMENT AND THE REGULATION ON COUNTRIES OF ORIGIN IN THE AUTO INDUSTRY, INCLUDED IN THE NORTH AMERICAN FREE TRADE AGREEMENT (NAFTA). IT EXAMINES THE MOST SIGNIFICANT EFFECTS THESE NORMS TEND TO HAVE ON THE MEXICAN ECONOMY AND SOCIETY. IN A RANGE THAT HAS TURNED OUT TO BE LESS SIGNIFICANT THAN THE ADVANCES IN GLOBAL TRADE AND, WITHIN THIS AREA, IN INTRA-INDUSTRIAL TRADE, NAFTA SUFFERS FROM A SERIES OF FORESEEABLE COMPLICATIONS.