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NAFTA at Ten: Lessons from Recent Studies (CRS Report for Congress)

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Release Date Revised June 8, 2005
Report Number RS21737
Report Type Report
Authors J.F. Hornbeck, Foreign Affairs, Defense, and Trade Division
Source Agency Congressional Research Service
Older Revisions
  • Premium   Feb. 13, 2004 (6 pages, $24.95) add
Summary:

On January 1, 2004, the North American Free Trade Agreement (NAFTA)completed its tenth year and most of its provisions are now implemented. NAFTA isa free trade agreement (FTA) that effectively added Mexico to the U.S.-Canada FTAcompleted in 1989. Its anniversary has sparked numerous evaluations, which areparticularly relevant as the United States pursues free trade agreements with multiple Latin American countries. Most studies found that NAFTA’s effects on the U.S. and Mexican economies to be modest at most. This report provides an analytical summary of the economic lessons reached in support of Congress’s role in the trade policy process. It will be updated as needed.
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