Free market economies still have some government regulation, like minimum wage laws and workplace safety laws. Considering the goals of businesses and companies these regulations are important because they establish a common ground to operate in similar conditions, not allowing one country or another the advantage that other nations do not have. These regulations allow the participant countries to operate under fair rules for everybody. That is the case -for instance of NAFTA
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Free market economies still have some government regulation, like minimum wage laws and workplace safety laws. Considering the goals of businesses and companies these regulations are important because they establish a common ground to operate in similar conditions, not allowing one country or another the advantage that other nations do not have. These regulations allow the participant countries to operate under fair rules for everybody. That is the case -for instance of NAFTA, the North America Free Trade Agreement that was signed in 1992 by the presidents of México, the United States, and Canada. Recently, the agreement has been reviewed by the three governments, and now it jas a new name: USMCA, the United States, México, and Canada Agreement. The Congresses of these countries have discussed new policies and negotiated new agreements that offer the three nations better conditions in different fields of the agreement.
Theodore Roosevelt's Corollary to the Monroe Doctrine (1905)
The corollary stated that not only were the nations of the Western Hemisphere not open to colonization by European powers, but that the United States had the responsibility to preserve order and protect life and property in those countries.
They clearly believed he was to blame for the Depression, and they despised him for bringing them so much misery and suffering. They held him responsible and despised him.
