Globalization The European Union, the ASEAN Group, and NAFTA

Globalization has become one of the most influential forces in the twentieth century. International integration of world views, products, trade and ideas has caused a variety of states to blur the lines of their borders and be open to an international perspective. The merger of the Europeans Union, the ASEAN group in the Pacific and NAFTA in North America is reflective of the notion of globalized trade. The North American Free Trade Agreement was the largest free trade zone in the world at its conception and set an example for the future of liberalized trade. The North American Free Trade Agreement is coming into its twentieth anniversary on January 1st, 2014. 1 NAFTA not only sought to enhance the trade of goods and services across†¦show more content†¦Free traders promoted NAFTA with the belief that the transfer of low skilled jobs from the North of the continent to the South would bring about a diverse selection of cheap consumer goods. NAFTA would allow the free ï ¬â €šow of goods, investment and services within North American to flourish.4 Despite the heated opposition to the liberalization of trade the Canadian government agreed to the trilateral agreement in 1994. Tariff George, 2 barriers were eliminated within ten years of the Act. A national treatment for member countries was adopted to liberalize trade services and investments. Performance requirements were removed, and dispute mechanism for investment conflicts were created. Protectionist issues emerged regarding progress in eliminating anti-dumping policies and persistent administered protection frameworks.5NAFTA did not substantially liberalize trade amongst all three counties in the agreement and fell short of its high expectations but it has certainly been a beneficial liberalizing force overall for Canadians. 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