Economics, Econometrics and Finance
4 years ago

NAFTA fails to boost regional trade, only benefits USA agricultural exports.

Australian Journal of Agricultural and Resource Economics
Agricultural trade in North America: Trade creation, regionalism and regionalisation
Dragan Miljković, Rodney J. Paul

Paper Summary

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The study looked at agricultural trade between Canada and the USA before and after trade agreements. They found that the USA exported more agricultural products to Canada after the Canada–USA Free Trade Agreement. However, the North American Free Trade Agreement did not lead to more trade within North America.