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The first step was done by the Paris and Rome treaties_ which

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					The first step was done by the Paris and Rome treaties, which established the european

community and consequently removed the economic barriers. The treaties called for

members to establish a market; a customs tariff; and economic, agricultural, transport,

and nuclear policies.

       NAFTA. A trade agreement that will have an impact on the way business is con-

ducted in the United States is the North American Trade Agreement. This trade agree-

ment involves Canada, the United States and Mexico. Proponents of NAFTA claim that

the accord will not only increase trade throughout the Americas, but it will also moderate

product prices and create jobs in all the countries.

       Over the years a number of trade agreements have been enacted that promote

trade. The result of these agreements has been a better quality of life because of the in-

creased access to goods and services produced in other countries.

       The growth in developing countries’ economies is another major reason for globa-

lizaiton. According to Jacob, the surge means more consumers who need goods and ser-

vicse. These needs appear because of the increase in percapita incomes of the developing

countries.

				
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