The transformation of us trade with China and Mexico: a 30-year overview
DOI:
https://doi.org/10.33110/rnee.v21i2.390Keywords:
China, Comparative Advantage, International Trade, NAFTA, USMCAAbstract
This study analyzes the transformation of trade relations among China, Mexico, and the United States from
1994 to 2023. Qualitative analysis identifies four historical stages; linear regression evaluates the determining
factors. Results show that rising transportation costs reduced U.S. imports from China (−0.017%), while
foreign direct investment showed a marginal positive effect (0.00012%). Wage variations proved statistically
insignificant. The hypothesis is partially confirmed: logistical cost increases explain China’s loss of comparative
advantage and Mexico’s competitive recovery in the U.S. market.
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