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Document summarizes the central provisions of the North American Free Trade Agreement (NAFTA) and evaluates the economic impact of the agreement.
Analysis focuses on issues related to Mexico’s participation in the pact, and in particular, the labor and environmental concerns that have dominated the US debate on NAFTA during the 1992 election and that authors believe will be a central theme in the ratification debate. Authors contend that over the long term, the main impact of larger US-Mexican trade will be higher incomes made possible by greater efficiency and faster growth.
