1. NAFTA
The most recent is referred to as the Uruguay Round and is one of the largest and most comprehensive trade pacts in history (Deng 1). ... As NAFTA, MERCOSUR, and GATT establish free trade throughout the Americas and other parts of the world, the European Free Trade Agreement (EFTA) represents countries throughout Western Europe. ... In 1972, the existing EFTA countries signed free trade agreements with the European Union, thus eliminating import tariffs on industrial products. Since then the EFTA has worked to strengthen its relationship with the European Community. ... According to EFTA web p...
- Word Count: 3714
- Approx Pages: 15
- Grade Level: Undergraduate