Development of integration processes in North American Countries

Abstract

The paper examines theoretical approaches to understanding the essence and role of regional economic integration of countries in the current functioning of the world economy. It characterizes the trends of integration processes in the North American region, analyzes the transformation of the North American Free Trade Agreement. An analysis of the impact of regional integration of countries on their economy is carried out. The paper outlines the problems and prospects of the development of regional economic integration processes in North America.