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Caselet 1 discusses the formation of the North Atlantic Free Trade Agreement (NAFTA) and how it benefited trade between USA, Mexico and Canada. The caselet also examines the negative impact of NAFTA on the Mexican economy. Caselet 2 discusses how the euro would ease trade between the European countries. It also considers whether the euro could replace the dollar as a reserve currency. Caselet 3 discusses the impact of China''s entry into the World Trade Organisation (WTO) on India. The caselets are structured to enable students to: (1) understand how regional trading agreements such as the NAFTA benefit trade between the member countries; (2) understand how the use of a single currency can promote trade among European countries; (3) understand the benefits that a country can derive from being a member of the WTO; and (4) examine whether China''s entry into the WTO is a threat or an opportunity for India. These caselets are aimed at MBA/PGDBA students and are intended to be part of the economics, politics and business environment curriculum.