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Trade Agreements between Unequal Partners: Does NAFTA Deal with these Inequalities?

Chapter

Abstract

Mexico, as so many underdeveloped countries, has been engaged in an uphill struggle in order to surmount this condition. In past decades, the government implemented an ‘import substitution’ policy to create the conditions which would allow economic development and maintain a growth rate in accordance with population growth. At the beginning of the 1980s this model was changed, and the country initiated a transition period from a closed economy with a strong government — in terms of its presence in the economic structure — to one of the most open economies in the world and an ongoing privatization of those state structures that were built over the past decades.

Keywords

World Trade Organization Trade Agreement National Treatment Government Purchase Commercial Agreement 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

  1. Bhagwati, J. (1994) ‘Which Way? Free Trade or Protection?’, Challenges, vol. 37, no. 1, January–February, New York.Google Scholar
  2. Castaingts, T.J. (1995) ‘Un modelo de interpretación de la boisa mexicana de valores’, in A. Girón, Ortiz and Correa (eds), Integración Financiera y TLC: Retos y Perspectivas, siglo XXI and IIE, UNAM, Mexico, pp. 403–20.Google Scholar
  3. Errunza, Vihang y and Losq, Etienne (1985) ‘International Asset Pricing under Mild Segmentation: Theory and Test’, Journal of Finance, vol. 40, pp. 105–24.CrossRefGoogle Scholar

Copyright information

© Palgrave Macmillan, a division of Macmillan Publishers Limited 1999

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