Encyclopedia of the North American Free Trade Agreement, the New American Community, and Latin-American Trade

Encyclopedia of the North American Free Trade Agreement, the New American Community, and Latin-American Trade

Encyclopedia of the North American Free Trade Agreement, the New American Community, and Latin-American Trade

Encyclopedia of the North American Free Trade Agreement, the New American Community, and Latin-American Trade

Synopsis

As the prime force behind trade throughout the Western Hemisphere, the United States is emerging with two trade projects--the newly-signed North American Free Trade Agreement and the projected, New American Community. This volume provides a clear, concise guide to all aspects of the 5-volume NAFTA accord, its side agreements, and the unfolding New American Community. It covers specific issues, rationalizations, ideologies, controversies, and recommended actions. With special emphasis on the North American Free Trade Agreement, the volume will provide a major resource for both academics and decision makers in industry and government.

Excerpt

The United States, as the prime force behind trade throughout the Western Hemisphere, will soon emerge with two trading projects--the North American Free Trade Agreement (NAFTA), negotiated and signed with her immediate northern and southern neighbors, Canada and Mexico; and the New American Community (NAC), a projected expansion to incorporate, at varying moments, nations of Central and South America, plus the islands of the Caribbean to one day form a colossus of more than 40 nations with a population exceeding 700 million.

NAFTA has been documented in a five-volume 2,000-page legislated Treaty and a Supplemental Agreement; the NAC remains a blueprint, still to unfold. Consequently, NAFTA entries are committed, specific and legally binding, while NAC concepts remain "on the drawing board," ready, after debate and finalization, to be incorporated into future treaties with the United States.

The sources for the NAFTA entries are either the original five-volume draft treaty and supplemental agreement or government and non-government publications. Non-NAFTA entries in this encyclopedia are either interpolations from past trade accords and existing international agreements, or ideas founded on global concepts and directives, especially the European Community. Nearly all terms discussed are followed by a list of references indicating the prime source(s) for the entry.

This encyclopedia on the NAFTA, the NAC, and Latin American trade covers specific issues, rationales, ideologies, controversies, and actions needed to increase understanding in the pursuit of cooperation and productivity. Drawn from numerous official sources, with special emphasis on interpreting key issues of . . .