Plunging Back into the International Market, 1971–2000
THIS CHAPTER CONSIDERS WHY, TOWARD THE END OF THE TWENTIETH CENTURY, the old import-substitution economic model was abandoned. In its place a new model, often known as neoliberal, emphasized international trade and foreign investment. In order to implement this model the North American Free Trade Agreement (NAFTA) was signed with Canada and the United States. This treaty required revisiting Mexico’s traditional stand-off approach toward the United States. Replacing it was the notion that streng thening ties between Mexico and the United States would be beneficial for both nations. Finally, this chapter considers the two chronic problems of the U.S.–Mexico relationship-drugs and immigration.