1. Your company is located in the United States. Your company manufactures products within the United Stateschoose a product and tell me what it is. The United States, Mexico, and Canada just signed a new multilateral trade agreement that increases economic integration in the region. (A multilateral trade agreement means a trade agreement among three or more countries, which can also be described as an increase in regional economic integration if the involved countries are part of the same region---for example, North America.) This new multilateral trade agreement eliminates all tariffs on products imported/exported within these three countries.

What are the opportunities and threats associated with this regional economic integration for your company?