Global and Regional Economic
April 21, 2024
1) What would change if NAFTA did evolve into a Common Market?
2) Explain if and how this change would be generally beneficial or generally harmful to businesses within the NAFTA area.
3) Would this change reduce, leave unchanged, or increase cultural conflict within NAFTA? Explain.
Your initial response to this prompt is due Wednesday before midnight, and provide at least 3 responses to your classmates over 2 different days before Sunday at midnight.
MY. ANSWER
Changes that would Take Place if NAFTA Evolved into a Common Market
NAFTA regional economic integration allows the member states to trade freely amongst the member states without trade barriers. However, while dealing with non-member states, the countries can determine the terms to use while coping with them. On the other hand, the Common Market allows the member states to remove trade barriers within them and allow the free movement of labor and capital (Mason
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