Differences between a free trade area-a customs union

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Assignment:

After highlighting the key differences between a free trade area, a customs union, and a common market, the textbook illustrates immediate differences between the arrangement of the North American Free Trade Agreement (NAFTA) and that of the European Union (EU). Beyond those described, identify two other economic arrangements (variables, laws) that distinguish NAFTA from the EU.

Reference no: EM133536954

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