The October 1997 Chicago Fed Letter issue, "Economic Gains from Trade Liberalization - NAFTA's impact" by Michael A. Kouparitsas, (available in Adobe Acrobat [.pdf] format only) evaluates the gains from NAFTA. Recently, the debate over free trade has intensified in light of the failure of President Clinton to obtain fast-track authority from Congress. On September 17, 1997, President Clinton went...
In another embarrassment to President Bush, the Senate voted 70-30 yesterday to end a Republican filibuster and support efforts to impose stricter safety standards on Mexican trucks driving across the United States. Granting Mexican trucking companies access to American roads has been a contentious issue since the 1993 North American Free Trade Agreement. President Bush has stated that he wants to...