Survey
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
The first step was done by the Paris and Rome treaties, which established the european community and consequently removed the economic barriers. The treaties called for members to establish a market; a customs tariff; and economic, agricultural, transport, and nuclear policies. NAFTA. A trade agreement that will have an impact on the way business is conducted in the United States is the North American Trade Agreement. This trade agreement involves Canada, the United States and Mexico. Proponents of NAFTA claim that the accord will not only increase trade throughout the Americas, but it will also moderate product prices and create jobs in all the countries. Over the years a number of trade agreements have been enacted that promote trade. The result of these agreements has been a better quality of life because of the increased access to goods and services produced in other countries. The growth in developing countries’ economies is another major reason for globalizaiton. According to Jacob, the surge means more consumers who need goods and servicse. These needs appear because of the increase in percapita incomes of the developing countries.