The January 1989 ratification of the Canada-U.S. Free Trade Agreement was a historic event for the world's largest trading partnership, but it was only the beginning of a long and uncharted road of implementation and evolution. Morici and his distinguished colleagues examine the unfinished business of the Agreement, as well as the border implications for U.S. And Canadian competitiveness, for Mexico, and for the multilateral trading system. The Agreement has sparked renewed interest around the world in bilateral and regional trading agreements. The authors argue that the challenge for the United States and Canada is to manage the Agreement so that it not only strengthens the global competitiveness of the two economies but ensures that in North America regional integration is a positive force for change in the broader multilateral system.
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