NAFTA is a so-called "free trade agreement" between the US, Canada and Mexico which is modeled on the existing Canada-U.S. Free Trade Agreement (FTA). The Canada-U.S. deal consists of approximately 300 pages of text, indexes, schedules and appendices and the NAFTA which will supersede it is over 1,000 pages. To be perfectly accurate, neither agreement is a "free trade" agreement -but rather a c...

The paper undertakes a preliminary economic analysis of the recently proposed East Asian Economic Community. The proposal envisages that the core of the Economic Community would include the ten member countries of the ASEAN free trade area (AFTA) and the three North-East Asian economies, namely, Japan, Korea, and China. The Community is also expected to include subsidiary institutions relating ...