Free trade agreement between nations

Reference no: EM133287155

Case: Consider the challenges and repercussions of Britain leaving the European Union. Remember, Britain retained the British Pound as its currency even though all the other members of the EU converted the Euro Dollar.

The European Union was created to facilitate trade and movement of people across borders without the undo problems that come with trade and vacations. This is much different and more involved than a free trade agreement like the NAFTA accord signed by Bill Clinton that opened the borders of Mexico, Canada and the U.S. for trade.

Given that you are from different regions of the globe and each country seems to have a free trade agreement with other nations, do you think the European Union is more efficient or more problematic than a free trade agreement between nations?

Reference no: EM133287155

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