Costs of compliance and non-compliance with regional trading bloc rules and regulations
A. Identify advantages and disadvantages of being a member of the North American Free Trade Agreement (NAFTA) and the Latin-American Integration Association (ALADI) regional trading blocs. Identify membership conditions for NAFTA and ALADI regional trading blocs and determine whether these will have a positive or negative impact on the bilateral or multilateral relations with the United States.
b. Assess the costs of compliance and non-compliance with regional trading bloc rules and regulations.
c. Analyze the impact of trade transactions among member countries, non-member countries, and other trade blocs.