In general what can members expect when joining a common market(any common marke
ID: 2748147 • Letter: I
Question
In general what can members expect when joining a common market(any common market not just the EU)List 2 reasons why some feel NAFTA was a success and 2 different agreements presented by others who feel NAFTA was a failure In general what can members expect when joining a common market(any common market not just the EU)
List 2 reasons why some feel NAFTA was a success and 2 different agreements presented by others who feel NAFTA was a failure
List 2 reasons why some feel NAFTA was a success and 2 different agreements presented by others who feel NAFTA was a failure
Explanation / Answer
NAFTA decrease the taxes and tariffs which is beneficial for the customers of the member’s country. It decreases the trade restriction between the countries and peoples of the member’s courtiers have multiple options of products and services. NAFTA increase the trade between the member’s countries. NAFTA decrease the taxes but it cannot reduce the rule and regulations. Due to intense business there is negative impact on the environment.