1. NAFTA - Assessing Economic Impact
... of a regional liberalization process which had started to take form in 1986. That year Mexico joined the General Agreement on Tariffs and Trade (GATT), while the United States and Canada started negotiations for a free trade area1. Mexico was already dismantling trade barriers, as result of the GATT Mexico's top tariff fell from 100 percent to 20 percent and the average tariff fell to 10 ... percent2. Increased trade and integration with the United States would have occurred, and was already occurring, with or without it. The North American Free Trade Agreement aimed to eliminate tariff...
- Word Count: 1593
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate