Nafta
INDEX
Introduction
Impact of regional integration in Nafta on member states
Objectives of Nafta
Positives and negative aspects of NAFTA
Impact of Regional Integration (NAFTA) on the U.S.
Impact on United States Businesses:
Impact of the Regional integration on Canada
Impact on Canadian businesses.
Impact of Regional Integration(Nafta) on Mexico
Impact on Mexican Businesses
Conclusion
References
Introduction
In today’s globalised economies, most of the countries in the World are part of a regional bloc, which can be in form of bilateral, multilateral, or by direct association.
There are agreements between several countries , between (such as the North American Free
Trade Agreement(NAFTA) or regional organization(such as the European Union).
NAFTA is the largest trading bloc in the world with a total population of Population (July
2008 est.)444.1 million and with a combined GDP of 17 trillion $(CIA,2010).The three countries which form this alignment are United States, Canada and Mexico.
The most important aspect covered in this agreement was the fact that involves two countries which have their economies highly developed (The US and Canada) and a developing country (Mexico). As a result this has led to an impressive increase in flows of trade and finance within the NAFTA partners and to make a contribution which will translate into one of the most powerful economically integrated regions in the world.
In the 1980s The United States adopted a dual focus: Multilateral agreements and arrangements of business relations preferences .As a result of was created, a free trade treaty was established between the US and Canada, which was superseded by North Atlantic Free
Trade Area(NAFTA).
In 1990 Mexico and the U.S. decide to start negotiating a comprehensive free trade agreement, this year Canada demonstrates its interest to be part of this treaty, thus starting jobs with the aim of creating a free trade area in North America.
Between 1991
Introduction
Impact of regional integration in Nafta on member states
Objectives of Nafta
Positives and negative aspects of NAFTA
Impact of Regional Integration (NAFTA) on the U.S.
Impact on United States Businesses:
Impact of the Regional integration on Canada
Impact on Canadian businesses.
Impact of Regional Integration(Nafta) on Mexico
Impact on Mexican Businesses
Conclusion
References
Introduction
In today’s globalised economies, most of the countries in the World are part of a regional bloc, which can be in form of bilateral, multilateral, or by direct association.
There are agreements between several countries , between (such as the North American Free
Trade Agreement(NAFTA) or regional organization(such as the European Union).
NAFTA is the largest trading bloc in the world with a total population of Population (July
2008 est.)444.1 million and with a combined GDP of 17 trillion $(CIA,2010).The three countries which form this alignment are United States, Canada and Mexico.
The most important aspect covered in this agreement was the fact that involves two countries which have their economies highly developed (The US and Canada) and a developing country (Mexico). As a result this has led to an impressive increase in flows of trade and finance within the NAFTA partners and to make a contribution which will translate into one of the most powerful economically integrated regions in the world.
In the 1980s The United States adopted a dual focus: Multilateral agreements and arrangements of business relations preferences .As a result of was created, a free trade treaty was established between the US and Canada, which was superseded by North Atlantic Free
Trade Area(NAFTA).
In 1990 Mexico and the U.S. decide to start negotiating a comprehensive free trade agreement, this year Canada demonstrates its interest to be part of this treaty, thus starting jobs with the aim of creating a free trade area in North America.
Between 1991
References: ● Deresky, H. (2006) International Management, Managing Across Borders and Cultures, Pearson Prentice Hall, New Jersey. ● Hill, C. (2008) Global Business Today. McGraw Hill Journal Articles Ernesto-Lopez Cordova, J. (2001) NAFTA and the Mexican Economy IADB. Jim Gerber. (1999). Whither the Maquiladora? A Look at the Growth Prospects for the Industry after 2001 Online links ● (2009) American and Caribbean countries World Bank ● (2005) ● Mariana Martínez . (2003). Las dos caras del TLCAN. Available: http:// news.bbc.co.uk/2/hi/business/4510792.stm