The first day of the new year will mark the 20th anniversary of the North American Free Trade Agreement, or NAFTA, a deal that was meant to transform struggling Mexico by greatly increasing trade with the U.S. and Canada. Did it work? Mexico is certainly a far better country today but NAFTA is not the only source of this change.
Seen exclusively as a trade deal, it has been a success. Mexico's exports leaped from $60 billion in 1994 to nearly $400 billion today. These exports are mainly manufactured goods, like...
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