 Economic Integration: The Single European Market and the NAFTA and Their Implications for Canada-UK Bilateral Trade and InvestmentC. L. Pass and Kate Prescott Chapter 10 in International Strategic Management and Government Policy, 1998, pp 151-178 from Palgrave Macmillan Abstract: Abstract International business is increasingly being shaped by the trend towards economic integration which has engendered the establishment of large trading blocs characterised by internal free trade and common competition policies. To this extent, the world arena is now dominated by three major trading regions — the Americas (including Canada and South America), Europe (including eastern Europe) and Asia Pacific — the ‘Global Triad’ (Ohmae, 1985). However, while liberalisation is the essence of internal regional business transactions, it is arguable that greater protectionism and a more restricted legislative régime dominate in inter-triad trade and investment. This has profound implications for firms’ international strategies where the affiliation of their domestic country to a particular economic grouping has ramifications for trade and investment in non-member countries. Keywords: European Union; Free Trade; Economic Integration; Bilateral Trade; Free Trade Agreement (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-26646-3_10 Ordering information: This item can be ordered from DOI: 10.1007/978-1-349-26646-3_10 Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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