Economic Reconciliation in North America
De la Torre Gonzalez, Luis Esteban
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North America is composed by Mexico, United States, and Canada. These three countries have had a history of cultural trouble and reconciliation throughout time but, is it possible for their economies to reconcile? This paper explains the ins and outs of the Mexican economy, the Canadian economy, and the economy of the United States. The purpose of this is to find the benefits and disadvantages of these countries’ economies by finding their similarities and differences. This paper does this by providing an economic analysis of their monetary policies, fiscal policies, and exchange rates. This paper also explains what NAFTA was and what USMCA will be and how these type of agreements affect each country’s economy. Finally, this paper explains under what circumstances the economic reconciliation in North America would be possible and beneficial and under what circumstances it would not.