Globalization: The slow decline of North America

Some interesting facts on NAFTA trade that we haven't seen before.

The slow decline of North America - Andres Oppenheimer - MiamiHerald.com: "... almost two decades after the 1994 free-trade agreement among the United States, Mexico and Canada, the idea of North American integration is losing steam. China has overtaken Mexico as the second-largest U.S. trading partner, and trade between the three North American countries is diminishing as a percentage of their total trade.

A recent report by the Canadian Foundation for the Americas, Focal, showed that exports between the three North American countries have fallen significantly over the past 10 years: while mutual exports amounted to 55 percent of the three countries’ global exports 10 years ago, the percentage fell to 46 percent in 2009."