ABSTRACT
A North American Free Trade Agreement (NAFTA) agreement would be necessarily more complex because of the possible dimensions and wider aims for achieving free trade between all industrial nations. An important consideration would be flexibility. Differing industrial structures would have to be accommodated. The agreement would need to be designed so that new members can be admitted with minimum fuss. France has twice vetoed British attempts to join the Common Market. The Kennedy Round has achieved a considerable lowering of tariff levels by all major industrial countries. American opinion on NAFTA in the early 1960s was overshadowed by a reluctance to consider any proposal that might hinder West European integration. Professor Harry Johnson, of the London School of Economics and the University of Chicago, has come down firmly in favour of the free trade area proposal for a number of reasons which he put forcibly in March, 1967, to the European-Atlantic Group in London.
