Integration And Economic Integration

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North American integration has not seen much progress since NAFTA came into effect in 1994. A large inhibitor of this stagnant integration is the dual-bilateral relationship that exists between the three countries. Several failed initiatives for furthering integration have been made by many different leaders throughout history. None of these attempts have succeeded in making significant progress towards a unified region. Canada’s recently elected Prime Minister Justin Trudeau seems to inspire hope for the future of integration however, our American neighbour’s more recent change in leadership might create obstacles to that end.
This paper will propose that a trilateral approach to policy collaboration is crucial to furthering economic integration
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When two parties are negotiating they are more likely to focus on individual and specific interests, with three parties the concern will be shifted to creating rules that will govern their actions in order to prevent domination by a larger power.
“Even though Canada and Mexico rank among the 10 largest economies in the world, their GDP is, respectively, only one-fourteenth and one-sixteenth the size of the U.S. economy” (Fry, 2003). The US is a global superpower, this large wealth and power inequality makes a truly equal relationship inconceivable (Pastor, 2008). The Canadian and Mexican economic prosperity is largely dependent on their unimpaired access to the US market (Fry, 2003). However, Canada and Mexico also have an immense impact on the US economically, socially, and politically (Pastor, 2008).
These three countries constitute around one-fourth of global GDP and combined they make up the largest geographical free trade area (Schultz, 2013). There is potential for them in collaboration to become a North American superpower. The fates of these three countries are largely interconnected, it is also in the best interest of all the players to cooperate in order to reduce the threats they pose to one another in dissent. Having closer bonds to neighboring countries will only help reach their full potential as economic, political and trade

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