Problem
1. Why might it be argued that the development of APEC and the Trans-Pacific Partnership alongside integration efforts in the Western Hemisphere increases the likelihood that regional agreements may be a step to freer world trade in general?
2. How would you explain reservations in the United States about the implementation of NAFTA? Do you think that NAFTA is a "good thing" or not? Explain.
3. "The countries of the world should follow the path of making nondiscriminatory reductions in trade barriers worldwide rather than the path of forming selective, discriminatory economic coalitions."
(a) Build a case in favor of this statement.
(b) Build a case against this statement.