Mexico fact of the day

The fact of the border still makes a lot of difference, in addition to the mileage. As you may know, John Helliwell (University of British Columbia) has done a whole lot of work on the border effect, and shows that trade across borders is still a lot thinner than trade inside a country (eg, BC-Quebec trade compared to BC-New York trade).

For example, see http://brookings.nap.edu/books/0815735537/html/

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