Open AccessScenarios for small and medium enterprises provisions in USMCA renegotiation. A critical analysis of challenges and opportunities
Author(s) -
José G. Vargas-Hernández,
Jorge Armando López-Lemus
Publication year - 2019
Publication title -
ciencia económica
Language(s) - English
Resource type - Journals
ISSN - 2448-4962
DOI - 10.22201/fe.24484962e.2018.v7n13.a3
Subject(s) - business , position (finance) , process (computing) , small and medium sized enterprises , industrial organization , international trade , finance , computer science , operating system
The objective of this document is to establish some scenarios for small and medium enterprises (SMEs) based on a critical analysis of the provisions in the renegotiation of the United States-Mexico-Canada Agreement (USMCA), its challenges and opportunities. The critical analysis starts from the questionable position of USMCA’s withdrawal and its consequences for SMEs of not giving continuity through a renegotiation process between the three partners. Based on some sources of information, the study of the results of the North American Free Trade Agreement (NAFTA) and the USMCA, and the strategic review of their challenges and opportunities for SMEs, some possible scenarios are established after the renegotiation of the USMCA, as well as some strategic proposals for SMEs.