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Article: New challenges for the maquiladoras: legal and policy implications of NAFTA Article 303 for United States-Mexico trade.(North American Free Trade Agreement)(import duties on non-NAFTA origin raw materials, parts and components)
- Article from:
- Denver Journal of International Law and Policy
- Article date:
- December 22, 2001
- Author:
CopyrightCOPYRIGHT 2001 University of Denver. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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I. INTRODUCTION
The North American Free Trade Agreement (NAFTA) (1), which entered into force on January 1, 1994, has greatly stimulated the expansion of trade within North America. In particular, the phased elimination of tariff barriers for trade in goods that "originate" in North America, along with provisions that facilitate and protect foreign investment, have encouraged an increase in total regional trade from about $350 billion in 1993 to $670 billion in 1999, a 91 percent increase over the six-year period. (2) Such increases in intra-regional trade, although perhaps at a slower rate, are likely to continue during the first decade of the Twenty-first ...