It has at present 27 European member states as its members with at least 7 to a great extent waiting for admissionNAFTA was formed as an economic free trade area union between the iii states of America , Canada and Mexico in 1993 . Its basic aims were to promote trade between the three states by minify trade barriers amongst them . Presently there are no plans to develop closer governmental ties or introduce political reforms that will lead to a common political position or currency for the regionThe common factors between the dickens bodies are the concept of promoting greater trade by reducing the barriers that experience betw een them . By adopting common tariffs and a! bolishing taxes on authoritative goods , the EU and NAFTA have encouraged trade among themselves . They have too introduced...If you demand to get a full essay, order it on our website: BestEssayCheap.com
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