Heavy Lifting - thoughts and web finds by an economist
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Wednesday, January 12, 2005

Remember Mexico?

Remember the "giant sucking sound" that Perot claimed would be the result of NAFTA. Well, Mr. Perot might have to do some explaining about this graph:



There are lots of explanations for why China has a larger share of U.S. imports, but none of them, I think, have to do with NAFTA.

From this Dallas Fed article

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