1. Mexico's notable trade performance is the result of a process of economic liberalisation that started in the mid-1980s and consolidated in the 1990s by establishing a network of free trade agreements. Mexico's open trade policy along with its network of free trade agreements has contributed to increased trade and investment flows. This has placed Mexico in a strategic position by securing access for its exporters to markets in North America, the European Union and Latin America. Consequently, Mexican-made products have proven their competitiveness in the global marketplace. 2. NAFTA and the New Free Trade agreement are different in order of magnitude. The New free trade agreement will increase Mexico's exports but will not have the same boost to Mexico's Economy as NAFTA did. However the experience of NAFTA makes things easier for Mexico (lower transitional costs, less political weight, etc.) 3. Free trade is far from being perfect and protectionism is far from the global reality. However, the signed free trade agreement seems to be the correct decision for a country with many years of free trade experience (NAFTA, 1994), with a growing economy fighting for a strategic independence and acting as an agent to minimise risk from a social crisis. Furthermore, by analysing the market imperfections and the downsides of playing a role in the global economy, the Mexican Government has to evaluate the benefits and pitfalls of NAFTA. Then, make the best decisions by restructuring and monitoring their policies and enhance the compensation of the resulting losers from the implementation of a free market.
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