 NAFTA 2.0 – USMCA AS A WAY TOWARDS MORE ADVANCED REGIONAL ECONOMIC INTEGRATION IN NORTH AMERICA?Lucie Bartošková ()
Medzinarodne vztahy (Journal of International Relations), 2020, vol. 18, issue 4, 370-383 Abstract: At the end of 2018, the United States, Canada and Mexico signed a new trade agreement (abbreviated as USMCA) to replace the 1994 North American Free Trade Agreement (NAFTA) and create a modernized and advanced free trade system between the three economies. Based on available strategic documents and related studies, this article aims to describe the key provisions that distinguish the new agreement between the USA, Mexico and Canada from NAFTA, along with their potential effects and consequences for the member states. To provide context, the developments of integration processes within the North American region and the reasons that led to renegotiating the previous deal are first briefly discussed. The article also focuses on potential impacts on European companies that trade with or are present in the US, Canada or Mexico - especially car and dairy products manufacturers or food exporters. Keywords: economic integration; trade policy; regional trade; NAFTA; USMCA (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:brv:journl:v:18:y:2020:i:4:p:370-383 Access Statistics for this article More articles in Medzinarodne vztahy (Journal of International Relations) from Ekonomická univerzita, Fakulta medzinárodných vzťahov Contact information at EDIRC. |
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