Scenarios for small and medium enterprises provisions in USMCA renegotiation. A critical analysis of challenges and opportunities

Author:

Vargas Hernández José G.1ORCID,López Lemus Jorge Armando2ORCID

Affiliation:

1. Visiting Scholar at Laurentian University, University Center for Economic and Managerial Sciences of the Universidad de Guadalajara (Mexico)

2. Universidad de Guanajuato (Mexico)

Abstract

The objective of this document is to establish some scenarios for small and medium enterprises (SMEs) based on a critical analysis of the provisions in the renegotiation of the United States-Mexico-Canada Agreement (USMCA), its challenges and opportunities. The critical analysis starts from the questionable position of USMCA’s withdrawal and its consequences for SMEs of not giving continuity through a renegotiation process between the three partners. Based on some sources of information, the study of the results of the North American Free Trade Agreement (NAFTA) and the USMCA, and the strategic review of their challenges and opportunities for SMEs, some possible scenarios are established after the renegotiation of the USMCA, as well as some strategic proposals for SMEs.

Publisher

Universidad Nacional Autonoma de Mexico

Subject

General Medicine

Reference52 articles.

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4. Bergsten, C.F. (2017). Trade balances and the NAFTA renegotiation [Policy Brief 17-23]. Peterson Institute for International Economics, Washington, DC, United States.

5. Bolio, E., Remes, J., Lajous, T., Manyika, J., Ramírez, E., and Rossé, M. (2014). A Tale of Two Mexico’s: Growth and Prosperity in a Two-Speed Economy [Report]. [online] McKinsey Global Institute, .

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