You Run a Small Company That Manufactures Plastic Injection Molded

You run a small company that manufactures plastic injection molded pieces for the construction industry.Currently,you manufacture your product in Windsor,Ontario and a small plant in Texas.You sell your products in both Canada and the United States.You are aware that NAFTA presented your company with increased access to the American market.You want to expand,and are aware of something called the "European Union",but are unsure of what it means,whether Canada can join (or has joined)and what your firm can do to get access to this large market.You are also interested to know whether there are other "groups of countries like NAFTA or the EU" out there.
One of the more traditional arguments in favour of regional trade agreements can be summarized in the following sentences."If WTO agreements extend more widely,regional trade agreements go deeper,their proponents argue.As well as cutting border tariffs,countries can agree reforms among themselves,such as harmonizing product standards,streamlining customs procedures and cross-border investment,that go further than anything the family of nations as a whole is ready to handle." Comment on this statement and give some examples.