Location
Snydor Performance Hall
Access Type
Campus Access Only
Presentation Type
Oral presentation
Entry Number
2432
Start Date
4-16-2025 9:00 AM
End Date
4-16-2025 9:15 AM
School
School of Liberal Arts and Sciences
Department
Business
Abstract
In this paper, I am analyzing how the North Atlantic Free Trade Agreement (NAFTA) and the United States Mexico Canada Agreement (USMCA) affect the automobile manufacturing industry, with a focus on Mexico and the United States. In order to determine the impact realized on the company level I compiled the cost of revenue data for Ford and General Motors(GM) five years pre and post each agreement. Then, I used the data and ran a regression to see if a correlation presented itself between the agreements’ ratification and company performance. The results of my study indicate that both trade agreements increased the cost of revenue and cost of goods sold for Ford and GM. This paper will contribute to the discussion surrounding the general efficacy of trade agreements as the enforcers of labor regulations and support mechanisms to encourage the success of specific industries.
Primary Faculty Mentor(s)
Dr. Eric Kyper Dr. Michael Schnur Dr. Rachel Willis
Primary Faculty Mentor(s) Department
College of Business College of Business Westover Honors College
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The Impact of the Changes in NAFTA on Automobile Manufacturing Between the United States and Mexico
Snydor Performance Hall
In this paper, I am analyzing how the North Atlantic Free Trade Agreement (NAFTA) and the United States Mexico Canada Agreement (USMCA) affect the automobile manufacturing industry, with a focus on Mexico and the United States. In order to determine the impact realized on the company level I compiled the cost of revenue data for Ford and General Motors(GM) five years pre and post each agreement. Then, I used the data and ran a regression to see if a correlation presented itself between the agreements’ ratification and company performance. The results of my study indicate that both trade agreements increased the cost of revenue and cost of goods sold for Ford and GM. This paper will contribute to the discussion surrounding the general efficacy of trade agreements as the enforcers of labor regulations and support mechanisms to encourage the success of specific industries.