NAFTA has been described by one expert as being a partial customs union. It is, in any case, a special kind of free trade area because it consists of two highly developed economies and one large third world economy.
In this book, the contributors examine the specific interests of the three member countries, Canada, Mexico, and the United States in the creation of NAFTA. They also assess the influence of this trade area on their economics.
Looking to the future, doubts are expressed about the feasibility of using NAFTA (a hope expressed by the USA) as a stepping stone in the...

PETER COFFEY Since the appearance of the second edition of this work - which was so quickly out of print - so much has happened in Europe. In the EEC itself, 1989 was a watershed year concerning the Community's moves towards the creation of the Single European Market (SEM) by the end of 1992. Early in the year, the appear ance of the De10rs Report on Economic and Monetary Union in the European Community, was followed by an agreement, at the European Summit, in June, to begin the first stage of this union in the Summer of 1990. As a counterpart to this and other agree ments, seen by trade...

At the end of 1992, things will never again be the same inside the European Economic Community (EEC), because, as that year draws to a close, the aims of the Single Act of European Union (SAEU), which became law in July, this year, will have become effective - thus creating a 'real' Common Market. This will mean that there will no longer be any obstacles to the free movement of goods between the Member States. Equally, and for the first time in the EEC's history, internal capital movements will be absolutely free, there will no longer be any exchange controls and it will be possible to freely...

The European M:: metary System (EMS) is perhaps the only success story of the Common Market since the First Enlargement. Its success, particul arly where the comnercial use of the ECU is concerned, has taken rrost experts by surprise. So much so, that when the author tried to recommend to his students a suitable and substantial work of study and/or reference about the experience of the EMS and its possible future evolution --- no book could be found. Thus, the author set out to write the present work. The author's aim is not to give a historical account of the EHS. Rather, the intention is to...

by Peter Coffey This is indeed a most opportune time for the publication of a serious, critical and independent study about the "Main Economic Policy Areas of the EEC." The European Economic Community is the world's most import ant commercial and trading bloc and its economic policies consequently have the most far-reaching implications for all countries in the world. The rest of the world is acutely conscious of the Community's trading policies. In turn, these policies (apart from those based on historical links - ante cedent to the EEC's formation) are strongly influenced by the internal...

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It is hoped that the present volume will supply a want that is really felt by students of philosophy in our universities-the want of an English text-book on General Metaphysics from the Scholastic standpoint. It is the author's intention to supplement his Science of Logic1 and the present treatise on Ontology, by a volume on the Theory of Knowledge. Hence no disquisitions on the latter subject will be found in these pages: the Moderate Realism of Aristotle and the Schoolmen is assumed throughout.