The implications of the E.U. and NAFTA are to organizations that have taken on the responsibility of integrating common policy and controls in order to benefit their respective members. The E.U. purpose is to have common institutions to which they delegate some of their sovereignty so that decisions on specific matters of joint interest can be made democratically that benefit all of Europe. NAFTA though similar to the European Union and its mission is mainly responsive to trade issues amongst Canada The U.S. and Mexico. NAFTA administers the mechanisms to resolve trade disputes between national industries and/or governments in a fair, timely and impartial manner.
I find both organizations helpful. However, they both are relatively new I believe that in order to be of more importance these organizations will began to play a more effective and add more responsibilities to their outreach. The biggest E.U. decision so far was make all European currency the same, at the time this......
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