ABSTRACT
The North American Free Trade Agreement adopted in 1994 by the three North American countries—the United States, Canada, and Mexico—is about trade, investment, and regulation just to name some of the areas included. The chapter examines the loss of national sovereignty in America's closest neighbors. It also, more surprisingly, chronicles the loss of national sovereignty in the United States—the last remaining superpower. The chapter focuses primarily on America's neighbours—Canada and Mexico. It provides the American reader with a different "take" on the process of change in North America. The Conservative agenda of economic renewal and national reconciliation that had led the Conservatives to a majority government relied ultimately on securing assured access to Canada's biggest export market. The Administration and Congressional officials released statements to the press that the United States sought a "big" free-trade agreement with Canada. The dilemma facing Mexico's economic development was highlighted as a result of its economic reform policy.
