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Essay heading: Nafta
 
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Issue: American History
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Date added: March 28, 2002
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No of pages / words: 14 / 3871
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The Mexican government also wrote a protocol of accession, or waiver, which allowed Mexico to trade without having to join the GATT. The final decision was not to join the GATT and go with the protocol of accession. When oil prices dropped and inflation rose, Mexico found it hard to generate non-oil revenue...
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As a result, in 1986, Mexico resubmitted for membership to the GATT and began trade negotiations with the U.S. From 1987 to 1989, the framework was set up for trade negotiations on steel, intellectual property and textiles. This step of trade negotiations was a way to enter into sectoral Free Trade Agreements (FTA)...
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