Since the North American Free Trade Agreement (NAFTA) of 1994, the economic interdependence of Canada and the United States has continued to grow. With Mexico now beginning to integrate itself much more strongly with the U.S. economy, NAFTA has emerged as a strong economic block with nearly as high a degree of integration as the E.U. Furthermore, NAFTA’s economic integration is growing at a faster rate. The data to support these findings are examined in this paper.
Rugman, A.M. (2004), "NORTH AMERICAN INTRA-REGIONAL TRADE AND FOREIGN DIRECT INVESTMENT", Rugman, A.M. (Ed.) North American Economic and Financial Integration (Research in Global Strategic Management, Vol. 10), Emerald Group Publishing Limited, Bingley, pp. 3-16. https://doi.org/10.1016/S1064-4857(04)10001-6
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