The trade agreements such as NAFTA and the EU have been of great benefit for strengthening the economies of the member countries. It has also enabled the developing countries to have much better opportunities on the market, and their economies to have much quicker development and thrive, as the sanctions are non-existent between the member countries. We can take Mexico as an example from NAFTA, as it was the one that was the least developed, but since NAFTA was formed, its economy is constantly on the rise. In the EU we can take Poland as an example. A former communist country that had lot of difficulties, since joining the EU, managed to have constant rise in its economy, and the country has been developing very well.
