abstract
| - The North American Union (NAU) is an economic and political union of six member states, located in North America. The NAU was established by the Treaty of (INSERT) on March 10, 2010. With over 430 million citizens, the NAU combined generates an estimated 25.8% share (US$18 trillion in 2008) of the nominal gross world product and about 24.4% (US$17 trillion in 2008) of the PPP gross world product. The NAU will develop a single market through a standardized system of laws which apply in all member states, ensuring the free movement of people, goods, services, and capital. It maintains common policies on trade, agriculture, fisheries and regional development. Some member states have adopted a common currency, the Amero. The NAU will develop a limited role in foreign policy, having representation at the World Trade Organization, G12, G-20 major economies and at the United Nations and in PAFF. As an international organization, the NAU will operate through a hybrid system of supranationalism and intergovernmentalism. In certain areas, decisions are made through negotiation between member states, while in others, independent supranational institutions are responsible without a requirement for unanimity between member states. Important institutions of the NAU include the North American Commission the North American Central Bank. The North American Congress is elected every five years by member states' citizens, to whom the citizenship of the North American Union is guaranteed.
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