One of the most noticeable effects of NAFTA is the development of complex value chains that deal with the economic integration of the region. This agreement, however, has reached its peak, making it necessary to adopt new commercial exchange instruments.
The effect of the transfer of operations from the United States to Mexico by transnational companies has been widely documented. Various studies show that the benefit to employment, sales and investment has been mutual. The results of one of those studies are set out here.
The current political discourse sometimes overlooks the great significance and complexity of the commercial exchange between Mexico and the United States. It also forgets that our country is likely to become one of the six largest economies in the world. This article measures the economic integration of North America and lays out its main challenges.