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Oct. 25--Expectations are running high over the North American Free Trade Agreement in most business circles, but South Florida exporters are greeting the proposed drop in Mexican tariffs with everything from shouts to shrugs.
Some companies expect a boost in sales if lower import duties take effect in Mexico. Others already have reaped rewards from Mexico's more open market. Still others say the agreement will have virtually no effect on sales.
The phasing out of tariffs over a 15-year period is central to the free trade accord negotiated by Canada, Mexico and the United States. U.S. exporters are said to be the main beneficiaries of the accord if it is ratified by Congress in a vote expected next month.
Lower tariffs …