The primary gains to the United States from the NAFTA financial services agreement will be predominantly seen in the long run. The access to a market that includes 90 million people and has been served by a financial and banking sector that has been relatively inefficient and illiquid will prove to be a major advantage to the United States. Although the market access to Mexico's financial industry has been gradual, U.S. banks, insurers and financial companies have free and fair access to Mexico. Further, in contrast to Canada, the United States has had strong historical ties with Mexico and this familiarity is expected to provide an advantage to the United States in Mexico. In... [continues]
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(2005, 07). How Nafta Has Affected the Financial Service Industries in the United States, Canada, and Mexico. StudyMode.com. Retrieved 07, 2005, from http://www.studymode.com/essays/Nafta-Has-Affected-Financial-Service-Industries-62521.html
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