Is NAFTA economic integration?
Most economists agree that trade liberalization raises incomes and living standards. To achieve trade liberalization, though, countries must sometimes first reach trade agreements. And trade agreements, as William Gruben and John Welch observe, may intertwine elements of both liberalization and protectionism. As an example, Gruben and Welch examine the negotiation process that preceded passage of the North American Free Trade Agreement. ; Is NAFTA economic integration? Although some authors think so, Gruben and Welch believe that interpreting NAFTA purely as economic integration is misleading. A more useful way to interpret NAFTA, they claim, is to start by recognizing it as the latest synthesis of an ongoing conflict between those who support trade liberalization and those who want trade protectionism. NAFTA offers broad-based trade openings, but it still contains restrictively protectionist components. In considering the efforts of trade liberalization advocates and trade protectionists, the authors also attempt to show how members of these pressure groups form alliances, disguise their efforts, and otherwise attempt to achieve their goals.
Volume (Year): (1994)
Issue (Month): Q II ()
|Contact details of provider:|| Web page: http://www.dallasfed.org/|
More information through EDIRC
|Order Information:|| Email: |
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- David K. Backus & Patrick J. Kehoe & Timothy J. Kehoe, 1992.
"In search of scale effects in trade and growth,"
152, Federal Reserve Bank of Minneapolis.
- Brown, D.K. & Deardorff, A.V. & Stern, R.M., 1991.
"A North American Free Trade Agreement: Analytical Issues and A Computational Assessment,"
289, Research Seminar in International Economics, University of Michigan.
- Drusilla K. Brown & Alan V. Deardorff & Robert M. Stern, 1992. "A North American Free Trade Agreement: Analytical Issues and a Computational Assessment," The World Economy, Wiley Blackwell, vol. 15(1), pages 11-30, 01.
When requesting a correction, please mention this item's handle: RePEc:fip:fedder:y:1994:i:qii:p:35-51. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Amy Chapman)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.