About half of what are called US exports to Mexico are intrafirm transfers of this sort. They don’t enter the Mexican market, and there’s no meaningful sense in which they’re exports to Mexico. Still, that’s called ‘trade.’
About half of what are called US exports to Mexico are intrafirm transfers of this sort. They don’t enter the Mexican market, and there’s no meaningful sense in which they’re exports to Mexico. Still, that’s called ‘trade.’
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