As part of the current discussion of free trade, this paper provides an understanding of how Mexico’s trade liberalization developed and examines the reasons that motivated policy makers to undertake such reforms. This paper was awarded Honorable Mention in the UW Economics Undergraduate Paper Competition. 2 “There is probably no area in economics where professional opinion is so united: the vast majority of economists see free trade, warts and all, as superior to protection. The attraction of free trade resides at one level in the theoretical elegance of the principle of comparative advantage. As Paul Samuelson once put it, comparative advantage is the only proposition in economics that is at once true & nontrivial. ” –Dani Rodrik i I
To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.