Target Corporation in Mexico and Canada- REI and International Trade

Running head : TARGET CORPORATION IN MEXICO AND CANADA

Target Corporation in Mexico and Canada : REI and International Trade

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Target Corporation in Mexico and Canada : REI and International Trade

Regional Economic Integration

Countries like Canada and Mexico also participated in the process of regional economic integration through their membership in the North American Free Trade Agreement (NAFTA . In January 1 , 1994 , countries including Canada , the United States of America , and Mexico applied this free trade agreement . This agreement involves

the commitment of Mexico to implement the form of trade and investment liberalization that it has guaranteed to the other members of NAFTA , which is the United States and Canada . This commitment of Mexico is also in accordance with the Canada-United States Free Trade Agreement (CUSFTA ) that was signed in 1988 (Buckley et . al , 2000

NAFTA , as a form of regional economic integration paved the way for the elimination of trade barriers like tariff and non-tariff impediments to trade . This provision of the agreement has been applied to member states like Canada and Mexico for more than ten years while some import-sensitive products have a 15-year period of transition . In accordance to the CUSFTA , the United States and Canada 's bilateral tariffs continued to be phased out since it was scheduled in January 1998 . In relation to this , NAFTA also made it possible to extend the dispute settlement procedures that are embodied in the CUSFTA to Mexico In addition , it also contains...