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Other Regional Trading
Blocs
Regional trade blocs are intergovernmental
associations that manage and promote trade activities for specific regions of
the world.
The EU (European Union) to create a common market
known as the European Economic Area, which promotes the free movement of goods,
services, and capital among its member.
The
North American Free Trade Agreement
The North American Free Trade Agreement implement in
1994 to reduce barriers to trade and investment among Canada and Mexico, and
the United States, NAFTA builds on the 1988 Canadian – U.S . Free Trade
Agreement.
NAFTA promises an increasing integration of the North
American economics and investment opportunities increased for firms located in
the three countries.
Negotiators...
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