Abstract
In general, the future of world trade certainly seems to lie with regional groupings. In the specific case of NAFTA, three main questions may be asked. First, how is NAFTA in itself likely to evolve? Second, what, if any, financial arrangements are being made or are being proposed to meet any future currency and/or financial crises similar to the Mexican one of 1994-95 or the Long-Term Capital Management Group Crisis, this fall? Third, what chances, if any, are there of NAFTA expanding, to become a kind of Free Trade Area of the Americas?
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Notes
Official Journal of the European Communities, Volume 39, 19 March 1996, Interregional Framework Agreement between the European Community and its member states, of the one part, and the Southern Common Market and its party states, of the other part, Brussels, 1996.
Agreement between the Government of the United States of America and the Commission of the European Communities, regarding the application of their competition laws, Washington, DC, September 1991.
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Coffey, P. (1999). The Future. In: NAFTA — Past, Present and Future. International Handbooks on Economic Integration, vol 2. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-5165-2_5
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DOI: https://doi.org/10.1007/978-1-4615-5165-2_5
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