The North American Free Trade Agreement (NAFTA) is a free trade agreement among the United States, Canada, and Mexico, whereas the European Union (EU) is an economic union of 28 nations (UK is going to exit). *Compare and contrast the NAFTA and EU. What are the benefits and drawbacks of being a member country of the NAFTA and the EU (consider the pros and cons of being part of a single-currency program), respectively? *Evaluate the U.S. exports and imports of goods and services with the NAFTA countries and other countries during the past five years.
