Study Finds that Reversing NAFTA Would Lead to Gains In Productivity for All Three Countries

Trade deals are usually thought to increase productivity by allowing countries to benefit from comparative advantage, where each country concentrates on the areas where it is relatively more efficient. For this reason it is striking that a study on the impact of reversing NAFTA that was cited in a NYT article found that the United States, Canada, and Mexico would all see an increase in productivity if NAFTA was reversed.

While both the article and the study highlighted the number of jobs that...