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Paradigm Shifts & NA Trade

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Given the explosion of global trade and the ease of communication (both paradigm shifts relative to 1950), outline your own perspective on the "future" of the North American economy, and the sustainability of NA industry in this "new" world. What is the future of high-quality or at least high-wage employment, for example?

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Solution Summary

This solution responds to the prompt about changes in North America as a result of global trade agreements and ease of communication. It provides a perspective on the future of the North American economy and sustainability of the North American economy, as well as prospects for quality jobs and high-wage employment. Includes APA formatted references.

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The world is increasingly flat, no longer bound by the parameters of nationality and country. Internationalization is increasingly important. The North American Free Trade Agreement (NAFTA), which came fully into effect in 1994, has created a free trade zone between the United States, Canada, and Mexico. This has increased wealth and competiveness and been a benefit for stakeholders (NAFTAnow.org, 2016). The Trans-Pacific Partnership, which ...

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