The interaction of economic internationalization with industrial relations theory is a challenging study. Of particular contemporary interest is the impact of internationalization and its political concomitant, regionalization, on the traditional national focus in industrial relations analysis. For example, does industrial relations theory grapple effectively with the impacts of transnational capital, or with the industrial relations aspects of the European Union (EU), the North American Free Trade Agreement (NAFTA), or Asia Pacific Economic Co-operation? What developments in industrial relations theory must be considered if these impacts are to be better understood from an industrial relations perspective?