This infographic looks at intra-regional trade flows and convergence of trade blocs in Africa.
Withdrawing from the single market without a trade deal would be “the biggest single act of protectionism in the history of the United Kingdom”, George Osborne has warned. In a forthright attack on the Prime Minster, the former Chancellor said making trade deals with other countries around the world would not make up for the loss of trade caused by a hard Brexit that saw Britain slide out of the trade bloc.
The North American Free Trade Agreement (NAFTA) is a trilateral agreement signed by Canada, Mexico, and the United States, creating a trilateral trade bloc in North America. The impact of NAFTA also displaced many U.S. and Mexico workers.