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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1475 |
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products and exports than was purchased in Europe. In addition, since the implementation of NAFTA the number of SMEs has tripled due to the increased demand for products within the region. An increase in supply demand means an increase in sales thus requiring an increase in production or manufacturing and an increase in wages for workers...
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For the NAFTA region, U.S. manufacturing rose 44%, wages more than doubled and employment increased by nearly 20 million from 1993 to 2000 (Tomasetti). Over the last decade, trade has more than doubled among the three NAFTA countries "growing from $306 billion in 1993 to $621 billion in 2002" according to calculations from the International Monetary Fund (Senate Committee of Foreign Relations, 2004)...
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the advantages and disadvantages of regional integration (NAFTA, EU, APEC, ASEAN, CAFTA, etc.) Compare and contrast the economic development stages of countries within your chosen region and the ramifications of your region's economic development ...
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