e mechanism (Scott, 1986).
Should all go as planned, all of the economic barriers which continue to separate the member countries of the EEC will disappear on 1 January 1992 (Tully, 1988). The advent of more complete economic integration in the EEC is intended to bring 4about the free movement of goods, services, capital, and labor within the Community, and provide more than 320 million Europeans with free commerce similar to interstate commerce enjoyed within the US (Doyle, 1987).
The United StatesCanada Free Trade Agreement (FTA) became effective on 1 January 1989 (Cardinali, 1989). The FTA is the most extensive bilateral trade agreement in the long history of international trade.
In the mid1980s, prior to the implementation of the FTA, Canada exported approximately US$90 billion in goods and services to the United States, while the US exported approximately US$50 billion in goods and services to Canada (Council of Economic Advisers, 1989). Most of these goods and services crossed the b
...