NAFTA - PROBLEMS AND PROSPECTS OF INTEGRATION DEVELOPMENT


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Abstract

In article the main characteristics of the North American Free Trade Agreement (NAFTA) zone are considered. Removal of barriers on trade in goods between member countries became a main objective of creation of this association. Authors come to a conclusion that the world's largest regional free trade zone has promoted the countries to improve the economic situation, namely: The USA has received cheap labor, has lowered costs for production with preservation of appropriate quality; Mexico has got access to the American market, jobs and a big stream of investments; Canada has increased the volume of export as access to the Mexican market has opened.

About the authors

Angelina Zurabovna Sharashidze

Peoples’ Friendship University of Russia (RUDN University)

Author for correspondence.
Email: angelusika@mail.ru

Master's student of the Faculty of Economics at RUDN University

6 Miklukho-Maklaya Street, Moscow, 117198, Russian Federation

Valeriya Igorevna Prostomolotova

Peoples’ Friendship University of Russia (RUDN University)

Email: angelusika@mail.ru

Master's student of the Faculty of Economics at RUDN University

6 Miklukho-Maklaya Street, Moscow, 117198, Russian Federation

Daria Alexandrovna Labzova

Peoples’ Friendship University of Russia (RUDN University)

Email: labzova.d@gmail.com

Master's student of the Faculty of Economics at RUDN University

6 Miklukho-Maklaya Street, Moscow, 117198, Russian Federation

Maria Olegovna Illarionova

Peoples’ Friendship University of Russia (RUDN University)

Email: illarionovamariyaolegovna@mail.ru

Master's student of the Faculty of Economics at RUDN University

6 Miklukho-Maklaya Street, Moscow, 117198, Russian Federation

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