North American free trade
Subtitle: assessing the impact
By: Nora Lustig, Barry P. Bosworth, and Robert Z. Lawrence, editors.
Contributors: Lustig, Nora.; Bosworth, Barry, 1942-; Lawrence, Robert Z., 1949-
Publisher: Brookings Institution
Published: 1992
Place of publication: Washington, D.C
Language: eng
Number of pages: 274
Subjects: Free trade -- North America; North America -- Commerce; North America -- Commercial policy
Description: The proposed North American Free Trade Agreement (NAFTA) represents a historic change in relations among Canada, Mexico, and the United States. The effect of the agreement on the three economies has generated controversy and some degree of alarm within each country. In this book, noted trade and development experts review the available literature on the effects of NAFTA on the three member countries and the world trading system. They evaluate how NAFTA will affect areas such as economic growth, employment, income distribution, industry, and agriculture in Canada, Mexico, and the United States, and consider the significance the trade agreement holds for the rest of the world. Drusilla K. Brown begins the discussion by providing an overview and comparison of the general results from recent studies. Raul Hinojosa-Ojeda and Sherman Robinson explore in greater detail the potential effects of NAFTA on wages and employment in Mexico and the United States. Sidney Weintraub reviews industry-specific effects of NAFTA, while Tim Josling explores how the trade agreement specifically will affect agriculture. Robert A. Pastor looks at the noneconomic issues of NAFTA, in particular, the environment, the social agenda, and human rights and democracy. Finally, Carlos Alberto Primo Braga considers the implications of NAFTA on the rest of the world. Following each of these chapters, international scholars assess the alternatives and provide recommendations for future research.
Notes: Includes bibliographical references and index.
Rev. papers from a Brookings Institution conference entitled "NAFTA: an assessment of the research," held in April 1992.