after the world war 2 with the main objective of peace and prosperity between the countries that

were in war. During the years the EU advanced more and more and it still continues to develop
itself. Nowadays EU is much more that bringing peace among the countries- today Europe is also
home to the European trade agreement association. This agreement allows free trade among the
27 member states. Outside Europe there are others blocs such as the one in the Americas the
North American Free Trade Agreement (NAFTA). This bloc is conducted of Canada, Mexico
and the United States of America. Other economic blocs in the Americas include MERCOSUR,
CARICOM, and CAN. In the Asia/Pacific region, ASEAN, APEC, and the Australia and New
Zealand Closer Economic relations Agreement (CER) are the leading