How is the European Union similar to the NAFTA?
The European Union started out in 1957 with just 6 countries – there are now 27 – and was known as the European Economic Community. Like NAFTA, there is a lot of trade agreements between the countries, in what is often referred to as the Common Market. The EU is much more advanced than NAFTA, covering a lot of other aspects of the relationships between the countries. It would cover things that the NAFTA covers, like laws in relation to trade, industry, workers, travel, agriculture and the environment.