Economics Today: The Macro View Plus Mylab Economics With Pearson Etext -- Access Card Package (18th Edition)
18th Edition
ISBN: 9780134004631
Author: Roger LeRoy Miller
Publisher: PEARSON
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Question
Chapter 32, Problem 10P
To determine
Some critics of the North American Free Trade Agreement (NAFTA) suggest that firms outside NAFTA nations, sometimes short unassembled inputs to Mexico, assemble them into final goods there, and export the final product to the United States in order to take advantage of Mexican trade preferences. Describe the term that these critics are claiming is occurring with regards to U.S. - Mexican trade as a result of NAFTA.
Concept introduction:
Trade deflection - It is a discriminatory policy regarding tariff and quota to different trade partners of the same goods.
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Economics Today: The Macro View Plus Mylab Economics With Pearson Etext -- Access Card Package (18th Edition)
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