In The Media (400)

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Aenean ac dolor facilisis, pellentesque turpis ac, posuere ex. Integer dictum neque nec feugiat tristique. Nam interdum tempor augue, at eleifend augue interdum fringilla. Maecenas eget augue et mauris eleifend lacinia. Duis ac nunc mauris. Nullam venenatis dui eu purus pulvinar gravida. Integer ante dui, laoreet porttitor sagittis ac, condimentum et ligula. Quisque hendrerit nisi sit amet neque volutpat auctor vel rhoncus ligula. Donec ut tempor libero.

Trading Views

(Full text and external link unavailable) (Letter in Economist) You note that Mexican exports to the United States have surged in the past two years. You also note that only 117,000 Ameri­can workers have come forward to claim the benefits offered to those displaced by NAFTA. These facts together strongly suggest that much of the NAFTA-induced growth in Mexico's exports has come at the expense of other countries and thus con­stitutes trade diversion.

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FTAA and President Kennedy

(Full text and external link unavailable) (Letter) This provides an opportunity to re-think the issue and to convert the original goal of free trade only for the Americas into a co-operative regional agreement (like Apec) and simultaneously to pressure trade liberalization multilaterally at the World Trade Organization. That is the model, also of President Kennedy’s celebrated, but premature, Alliance for Progress for South America.

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Stumbling Blocks

(Full text and external link unavailable) (Letter in Economist) Criss-crossing FTAs are replacing non-discriminatory tariffs with a spaghetti bowl whereby tariffs vary according to the ostensible origin of the product...FTAs also lead to increased protection against outside coun­tries, turning even an initial movement towards free trade into a movement away from it.

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