Under pressure from Brasilia, Mexico agreed last month to limit its automotive exports to Brazil, prompting Argentina to threaten to revoke its own trade agreement with Mexico in an effort to gain further concessions. In an email interview, Barbara Kotschwar, a research associate at the Peterson Institute for International Economics, discussed the Economic Complementation Agreement 55 (ACE 55), the 2002 automotive trade deal between Mexico and Mercosur, the trade bloc comprised of Argentina, Brazil, Paraguay and Uruguay.
WPR: What is the current state of trade between Mexico and Mercosur, particularly Brazil and Argentina, and what is the ACE 55 agreement meant to accomplish? ...
To read the rest, sign up to try World Politics Review
- TWO WEEKS FREE.
- Cancel any time.
- After two weeks, just $11.99 monthly or $94.99/year.
Request a free trial for your office or school. Everyone at a given site can get access through our institutional subscriptions.
- Strategic Horizons: Emerging Threat of Lone Wolf Terrorism Requires Cold Rationality
- Mexico’s Energy Reforms Miss a Key Sector: Renewables
- The Realist Prism: Falling Energy Prices Offer New Strategic Opportunities for the U.S.
- Torture Report: Another Episode in CIA’s History of Violating Oversight
- Strategic Horizons: To Create Order, the U.S. Needs a Strategic Vision