19 Explain how the price that US consumers pay for goods from Mexico and the quantity of...

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19 Explain how the price that US consumers pay for goods from Mexico and the quantity of US imports from Mexico have changed. Who are the winners and who are the losers from this free trade? Before 1995, trade between the US and Mexico was subject to tariffs. In 1995, Mexico joined NAFTA and all US and Mexican tariffs have gradually been removed

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Economics

ISBN: 9781118150122

10th European Edition

Authors: Michael Parkin, Dr Melanie Powell, Prof Kent Matthews

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