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Why Does NAFTA Create a Free Trade Area as Opposed

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Why does NAFTA create a free trade area as opposed to a customs union or a common market? Explain the difference by giving examples.


Definitions:

Development

The process of change and growth through which an individual or entity progresses by gaining physical, mental, or societal qualities over time.

Egocentrism

A cognitive bias where an individual is unable to see a situation from another person’s point of view, common in early childhood development.

Object Permanence

The understanding that objects continue to exist even when they cannot be observed (seen, heard, touched, smelled, or sensed in any way).

Conservation

Conservation in cognitive psychology relates to the understanding that certain properties of objects, like volume or number, remain the same despite changes in their form or appearance.

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