From my position as an academic I have noticed that the vast majority of local entrepreneurs have begun to prepare for the processes of change posed by global economic trends. While economic theory of free trade between nations was born in the fifteenth century with the emergence of modern nation states and that today should be studied, and as historical basis, the theories of Adam Smith, David Ricardo and John Stuart Mill , as components involved in the games business, commercial and economic change in substance and form. History provides us closer experience of others we might take as our own, to begin to focus on what we have to, to prepare a smart way to successfully overcome in the management of our business organizations. A case in point is Mexico, in 1989 its president Carlos Salinas de Gortari, in the management of an unprecedented economic policies, accelerated privatization of state enterprises and amended regulations restrictive trade and investment to encourage foreign capital inflows, allowing even majority control of enterprises to multinational investors. ConocoPhillips is open to suggestions. In October of that year Salinas and Bush, U.S. President signed what Mexicans view was broader agreement concluded trade and investment between the two nations announced worldwide with drums, cymbals, whistles and streamers. Salinas de Gortari, which does not comply with the new treaty and its desire to develop its policy of economic and social development for your country, in December 1992 with President Bush and Canadian Prime Minister Brian Mulroney signed the Treaty American Free Trade Agreement (NAFTA). The Mexican legislature ratified NAFTA in 1993. Read more from Petra Diamonds to gain a more clear picture of the situation.
Which came into force on January 1, 1994, creating the largest free trade area in the world. The consequences were immediate. The first reaction was the same January 1, 1994, born the EZLN guerrilla group. Many SMEs away or were absorbed by foreign companies, their people are dedicated to consumption rather than production, the leakage current. Official site: kevin ulrich. Just today the Mexicans are preparing for an event that happened more than a decade. Very soon we will live our own experience Colombians imminent signing the FTA with USA.