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Author:Borrus, M.
Symonds, W.
Smith, G.
Title:Singing the NAFTA blues
Journal:Business Week
1996 : DEC 9, VOL. 3437:819, p. 26-27
Index terms:TRADE
USA
NORTH ATLANTIC FREE-TRADE ASSOCIATION
Language:eng
Abstract:A severe imbalance will make it harder to extend free-trade pacts. Forget the gaping $40 billion U.S. trade deficit with China for the moment. A new trade problem lurks just just off the radar screen. Call it the NAFTA gap: America's swelling merchandise trade imbalances with its partners in the North American Free Trade Agreement. Private economists expect the combined U.S. deficit with Canada and Mexico to approach $40 billion this year - more than a fourfold jump since 1993, before NAFTA (chart).
SCIMA record nr: 158542
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