Fed's Kaplan: Mexico Trade Makes U.S. More Competitive

The transcript discusses economic concerns in Mexico regarding the US presidential election and the importance of US-Mexico relations, particularly for Texas. It highlights efforts to strengthen these ties and the role of NAFTA in improving US competitiveness. The speaker refrains from commenting on specific trade agreements but emphasizes the significance of trade partnerships in maintaining jobs and competitiveness.

What is the main concern in Mexico regarding the US presidential election?

• The changes in immigration policies

• The influence on cultural exchanges

• The effect on economic relations

• The impact on tourism

Why does the speaker avoid commenting on specific trade agreements?

• To avoid offending Mexico

• Because of the pre-election environment

• Due to lack of knowledge

• Because they are not relevant

What does the Dallas Fed's research indicate about trade with Mexico?

• It has led to more imports from Asia

• It has improved US competitiveness

• It has no impact on US jobs

• It has decreased US competitiveness

What percentage of Mexican imports is made up of US content?

• 30%

• 20%

• 40%

• 50%

How do trade partnerships with Mexico help the US?

• By increasing cultural exchanges

• By improving tourism

• By retaining jobs that might be lost to other regions

• By reducing the cost of imports