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Free Trade Agreements: Mostly Good News for Nations Essay

… That potential block between the U.S. And the EU could generate up to $75 billion within two years for the two trading partners (Waterfield, p. 1).

What are the main advantages that the U.S. has realized from NAFTA? From 1993 to 2003, NAFTA enjoyed 38% economic growth; Canada had 30.9% economic growth and Mexico reported 30% growth. That was in the first ten years of NAFTA (Office of the United States Trade Representative).

There are a number of advantages that have been realized by NAFTA. The elimination of tariffs helps to reduce inflation because the cost of imports is lower, and the small businesses benefit from the reduced cost of trade (Amadeo, 2013). From 1993 to 2009, the trade between Mexico, Canada and the United…. [read more]

Free Trade Claim Benefits Term Paper

… The questions of environment, job stability and the belief that only wealthy nations will benefit is more difficult to counter. It is stated that those against free trade have changed from a protectionist view and onto the issues of workers' lives. (Wharton)

One of the areas where we can see the reasons for this is in relation to the maquiladora factories. In fact, the maquiladora factories are often seen as a sign of what free trade results in, "the U.S.-Mexico border is a microcosm of North-South relations in a global economy where corporations call the shots, and poor nations sell off labor rights and the environment to the highest bidder." (Light) A maquiladora is a special Mexican industrial program which allows mostly non-Mexican operations to…. [read more]

North American Free Trade Agreement Term Paper

… S. workers has been 3 million. Enviromental and labor conditions have worsened in Mexico. Corporations and investors have made dangerous changes to safety regulations in all the three countries. Traditional family farms have suffered under NAFTA. Income from farms has dropped considerably with the U.S. farm trade falling by 57% in real terms. Mexican farmers have also seen a slide in prices of agricultural products and are clamouring for the suspension of tariff reductions and the re-negotiation of agricultural provisions. ( North American Free Trade Agreement ( NAFTA)-

The Bush administration has tried to declare NAFTA as a success despite the loss of three million U.S. jobs and the huge new trade deficit that NAFTA has created. The loss of jobs include 1.7 million…. [read more]

Aid Strategies or Trade Agreements Essay

… In this sense, it is worth mentioning the fact that for decades now, the presence of the military in the Sierra Leone's political life has transformed this country into an environment of mixed attitudes and opinions.

All the elements determined a very poor and uneven environment for development as well as aid strategies. Therefore, it can be argued that these conditions are not favorable for aid strategies that most often include non-refundable credits or even donations. There is no condition to support a clear and vivid administration that would avoid corruption and mismanagement.

Example of good management: Botswana

Botswana is one of the most important Sub-Saharan countries. This is not necessarily because of its size, which is impressive, but rather because it represents a success…. [read more]

Ftaa Conference Essay

… Ftaa Case Study

Even though there are specific areas that require much attention pertaining to the FTTA policies, the success of the summit meetings was because of effective proceedings of FTAA operations and numerous lawful protestors expressing their freedom of speech. The security plan for the FTAA comprised the involvement of 25 Local law enforcement agencies, 7 State agencies and 7 Federal agencies (Miami Police Department, 2004).

Planning, training and organization are intricate tasks in any big law enforcement operation, and the addition of more agencies complicates the objectives laid upon by the agreement. Law enforcement corporations characterized by diverse rank structures, uniforms, training procedures and functions as a single enterprise by putting aside their organizational autonomy. About 40 various law enforcement agencies bring forth…. [read more]

Microeconomic Event Related to New Essay

… More than 100 countries in the world trade coffee. In Colombia, this cash crop takes over 19% of total land used in agriculture. This is because its consumption and farming is significant in this particular region. In 2009, Colombia traded over 8 million bags of coffee each weighing 60kg. Over $1.3 billion worth of products traded between Colombia and Canada. This has brought a good relationship between the two countries. Canada ' popularity in its major coffee import that makes up to 18% of its total imports makes it necessary to retain its good relationship with Colombia.

The global coffee popularity brought about an everlasting battle in the coffee industry. The coffee market expansion made the colonists to assert control over the coffee production. The…. [read more]

Effects of the Free Trade Regime on the U.S Term Paper

… ¶ … free trade regime on the U.S.

The Effects of the Free Trade Regime on the United States

By the term "free trade" economists refer to an idealized market model, where countries trade their goods or services without being limited and inhibited by tariffs and taxes imposed by governments and non-tariff barriers (Wikipedia, 2007). Some say that in order to have real free trade, perfect competition is required, while others say that the absence of inhibitory taxes is enough for the free trade to take place.

Although free trade is considered by some economists to have important advantages, that surpass the eventual disadvantages, free trade has its share of opponents, like some of the nationalists, communists, agricultural and manufacturing interests, and anti-globalization and some…. [read more]

Nature of Inequality Term Paper

… Ricardo also argued that consumers would have more purchasing power because they would be able to purchase foreign goods at a lower cost. Ricardo's philosophy became known as the "classical school" of economics and development economists that favor trade are referred to as "neo-classical economists."

This argument is made today. Proponents argue that if third world countries produces goods in which it maintains proficiencies, that these countries will benefit tremendously from the lower cost of production. This has already transformed the economies of Southeast Asia. According to the Economist, "In 1950, the typical East Asian woman had six children. Today she has two. As a result, between 1965 and 1990, the working-age group rose from around 57% to over 65% of the total population, increasing…. [read more]

American Foreign Policy Analysis of the Middle East From the President's Perspective Essay

… American foreign policy as it manifests itself in the Middle East has long been a struggle. The last few decades have demonstrated America's attempts at finding allies and the challenges of controlling the area. After a tremendous amount of analysis and assessment, the best methods to be taken in this particular area are ones of strategic humanitarian action and development. As this paper will demonstrate, much of the discord of the area is directly connected to the fact that it's so impoverished and disadvantaged. Helping the Middle East and building where other governments would blow up, is the best way to develop the area. Such actions not only help develop the global economy, but they help to stabilize America' footing in the rest of the…. [read more]

South Africa Trade Global Companies Essay

… Meetings generally start with some small talk but then move straight to the issue at hand. Oftentimes people digress returning to the topic in a circular fashion.

South Africans -- as do most European nations and distinctive of the West -- like statistics, facts, graphs, and hard data. Business meetings are liberally sprinkled with these. English is the language Franca in the commercial world, although industrialists would make a good impression by translating into Afrikaans (Doing business in South Africa.)

As regards the general business scene, the market is largely dominated by massive corporations with an underdeveloped swath of small and medium businesses. The general business pattern is a vertical hierocracy of many layers striving upwards. However, recent years have seen decentralized decision making with…. [read more]

Trade Act of 1974 Term Paper

… The BBC reports that the "Japanese trade minister Takeo Hiranuma warned his country may retaliate with measures to protect its own steel industry. EU Trade Commissioner Pascal Lamy said late on Tuesday that it would be "a question of days" before the EU issued quotas on steel imports to prevent its own industry being damaged by steel redirected from U.S. markets." (BBC News, 2002)

The BBC is quick to address the argument by the U.S. that the "dumping of foreign steel on the U.S. market" has been the sole reason for the economic down turn. The European Unions says that their firms are just more efficient than American producers. The EU and Brazil threaten retaliatory tariffs of their own to protect their industry (BBC News,…. [read more]

New Imperialism Term Paper

… New Imperialism

In 1899, British writer Rudyard Kipling published a poem called "The White Man's Burden" in McClure's Magazine. The poem urges the United States to take up the "white man's burden," the obligation of white people to colonize and "civilize" the dark-skinned native peoples of the world. Kipling writes, "Take up the White Man's burden / Send forth the best ye breed -- / Go send your sons to exile / To serve your captives' need / To wait in heavy harness / On fluttered folk and wild -- / Your new-caught, sullen peoples, / Half devil and half child." The poet's sentiments reflect a growing social trend in Europe and the United States that viewed whites, especially Protestants, as a superior race of…. [read more]

NAFTA Historical Beginning Term Paper

… 3. A panel of experts was utilized to handle disputes.

The creation of CUSTA sparked interest from Mexico. The free trading area or FTA spanned greater than 360 million people, and $6 trillion in annual output. NAFTA may also be considered a link to two of the largest trading partners to the U.S.: namely Mexico and Canada.

History Bibliography:

Mariama W. Williams, A Brief History of GATT and NAFTA; Women's Alternative Economic Network

Gary C. Hufbauer, Reginald Jones Senior Fellow and Diana Orejas, NAFTA AND THE ENVIRONMENT: LESSONS FOR TRADE POLICY, Institute for International Economics (2001)

Daryll E. Ray, Director, Agricultural Policy Analysis Center Melissa B. Cooney, NAFTA and the Small Mexican Farmer, Graduate Research Assistant University of Tennessee

US-Mexico Chamber of Commerce.

NAFTA Objectives…. [read more]

North American Free Trade Agreement Term Paper

… "The logic of Western Hemisphere free trade also rests in part on the dominant role of the United States in exporting to countries in this hemisphere. For the hemisphere as a whole, excluding Canada and Mexico, the United States is the beneficiary of about 40% of hemispheric imports, although the precise percentage varies from year to year. By contrast, U.S. exporters capture only between 15 and 25% of European and Asian markets" (Weintraub 39).

NAFTA has also had an impact on the environment. First, Mexico's environmental protection laws are not as strict as the United States, so manufacturing firms moving to Mexico do not need to meet as stringent requirements for production and waste. This means Mexico's environment has been degrading. Second, the border between…. [read more]

International Trade of Canadian Lumber Research Paper

… International Trade of Canadian Lumber

The contemporaneous society is characterized by a series of elements, such as the opening of boundaries to international trade or the massive advent of technology, which has come to impact virtually all life activities. Aside from these however, a more concerning characteristic which is common in the modern day society is given by the threat of environmental instability.

Global warming is becoming more and more present and the risks it poses for humanity call for an integrated action. Problems which contribute to environmental instability include actions such as higher levels of consumption, increased dump of industrial waste in waters and other fields or high levels of deforestations. The impacts are disastrous and include sky rocking levels of pollution, the death…. [read more]

Politics of the Common Good Essay

… Since the Republican version of capitalist economics has been dominant since the 1970s and 1980s, inequality has certainly increased greatly in the United States, far more so than in any other Western nation. In this, the U.S. is exceptional compared to Canada, France, Germany or other nations in that its social and economic structure has more in common with Mexico, Brazil, Pakistan and other developing countries. Given the weakness of organized labor and the Republican's skill at exploiting race and religion to attract voters, the situation has become absolutely disastrous for the working class and even the shrinking middle class. These less favored groups have only a very weak and timid Democratic Party to defend their interests, and it often takes money from the very…. [read more]

Foreign Policy of China (Beijing Thesis

… But just as China (Beijing consensus)'s economic and military power does not yet match that of the United States, China (Beijing consensus)'s soft power still has a long way to go as demonstrated by a Chicago Council on Global Affairs poll. China (Beijing consensus) does not have cultural industries like Hollywood, and its universities are not yet the equal of the United States. It lacks the many non-governmental organizations that generate much of U.S. soft power. Politically, China (Beijing consensus) suffers from corruption, inequality, and a lack of democracy, human rights, and the rule of law. While that may make the "Beijing consensus" attractive in authoritarian and semi-authoritarian developing countries, it undercuts China (Beijing consensus)'s soft power in the West. Although China (Beijing consensus)'s new…. [read more]

Mexico Regional Leader Research Paper

… Miguel Sahagun

Mexico: Regional Leader

It was over twenty years ago that Mexico began opening up its trade with the implementation of a number of unilateral policies and its accession to the General Agreement on Tariffs and Trade (GATT) in 1986. Since then it has been increasing its presence on international markets, and activities related to external trade have grown to the extent that they currently account for nearly two thirds of its GDP.

Bilateral, regional and multilateral negotiations have yielded preferential conditions for access to markets in goods and services over third countries. There is currently a network of twelve FTAs providing secure, preferential access to the markets of 44 countries, over one billion potential consumers and three-quarters of world GDP. There are also…. [read more]

Criminal Science Conflict Theory: Marx, NAFTA Term Paper

… Criminal Science

Conflict Theory:

Marx, NAFTA, and the Populations of the United States, Canada, and Mexico

Our world is made up of many different groups of individuals. In nation-states such as the United States, Canada, and Mexico, various classes vie for power, status, influence, and control.

The contending faction may be economic, social, or cultural in origin, or else be defined by gender, race, or religion. As one group seeks to consolidate its hold over society, it formulates an ideology; the group in power establishing the dominant or normative view of social relations and cultural thinking. Less powerful groups challenge these modes of thought, and creating their own philosophies that are often labeled deviant or maladaptive by those in power. Change, gradual or sudden, peaceful…. [read more]

2007 Economic Crisis on American Thesis

… S.

One of the main factors which incremented this crisis even more was the expensive cost of automobile fuel, this was linked to the global oil crisis which occurred before the automobile crisis. The rise in fuel prices caused the general consumer to shift in their demand and they now opted to buy except for the large vehicles such as pickup trucks or SUV's as compared to the other vehicles available in the market since the larger vehicles tend to use more fuel.

Another major factor which aggravated the crisis was the considerably high cost of labor which was greater as compared to the labor's counterparts in non-unions, this included salaries, healthcare benefits, pensions and other related job benefits. The management while demanding labor peace…. [read more]

Asian Monetary Fund What Is it Why Is it Important Term Paper

… Asian Monetary Fund - What is it? Why is it important?

What is Asian Monetary Fund?

The reform measures of International Monetary fund amidst severe economic crisis of East Asia, particularly, since the Second World War were considered as too imposing and too stringent. This led many to seriously think of mild reforms to eradicate the possibility of future economic exigencies. Some others inclusive of Japanese Finance Minister Kiichi Miyazawa and South Korean Prime Minister Kim Jong-Pil went to the extreme and argued that IMF is quite incapable of healing the ailing Asian economics. They advocated the constitution of Asian Monetary Fund as an alternative to IMF reforms. The prevailing economic disaster in Asian regions has made the Asian institutions vulnerable to serious flaws as…. [read more]

International Trade Ever Since Adam Term Paper

… Privatization, deregulation, and economic reform became the buzzword around the world, resulting in accelerated transfer of assets, revenues, and power from elected governments to corporations. Let us now look at the negative effects of free international trade and globalization over the last few years.

How International Free Trade Policies Favor Big Corporations

Free trade policies are perceived by many to favor big business interests. Consider the following examples:


The WTO rules forbid a citizen of a third world country to copy a compact disc made in a developed country without paying a fee to the company that sells the compact disc. However, the WTO rules allow a company from the same developed country to make compact discs in a third world country despite the…. [read more]

World Trade Organization (WTO) Term Paper

… Furthermore, it discourages industrialization in developing countries. Exporting raw materials to richer countries for processing is cheaper than developing their own manufacturing. They are thus reduced to a very small share of production. These poor countries also rely on only one or two raw commodities for their national earnings, hence the sudden and unfair increase of tariffs can further limit their potential for economic growth.

Environmental Deterioration is one more problem. Overuse of fertilizers and chemicals, overgrazing and dumping agricultural by-products into rivers and steams pollute air and water quality and damage the soil.

Everywhere in the world, farmers demand an entirely different approach to agriculture and trade. They want one that realistically addresses food sovereignty, security and the preservation and promotion of rural livelihood.…. [read more]

International Relation APEC Dissertation

… Validity/Reliability

The validity and reliability of the paper are identified by the references and in-text citation given. It helps in identifying that the data or information that is collected is purely based on authentic sources.

Chapter Four: Data Analysis

The criterion for membership in APEC is that a country should be a separate economy rather than a State that's why the members of APEC are called as Member Economies rather than member countries. Many countries like India, Pakistan Colombia has applied for APEC membership, but they are not allowing these countries for various purposes.

APEC has three pillars i) Trade and investment liberalization ii) Business facilitation iii) Economic and technical cooperation.

The first pillar works to minimize the trade barriers, when APEC was established there…. [read more]

Sweden Economy International Business Essay

… The extensive protection of environment, active measures of improving the working environments and investing in clean technology are among the leading factors that have significantly encouraged the vast growth of industries in Sweden. The successful industries have taken corporate responsibility to a different level, and this has given them competitive advantage in the home environment as well as the world over. In the last accountability index statistics, Sweden industries topped the list of responsible competitiveness (Pyrko & Darby, 2011).

Another factor that has given these leading industries advantage is the investment on clean technology. This has given the industries' market as the cases of pollution continue to rise in the competing countries. The social responsibility to ensure gender equality has also boosted the industries in…. [read more]

Business the Most Significant Contributor Term Paper

… Business

The most significant contributor to the rapid rise of globalization over the last decade is the improvement in technology and communication. Computer technology has developed at a very rapid pace, and businesses have been obliged to match this speed or pay the price. The Internet has therefore become the basis of many an expansion opportunity where previously there had existed none.

Businesses can no longer afford to operate in isolation. Opportunities in modern business abound in the global market. Hence there is little likelihood that the globalization phenomenon will diminish. Indeed, with the continuing improvements not only in technology, but also in global business practices and cultural integration, the likelihood is that globalization will expand to an even greater degree in the future.

A…. [read more]

Globalisation Leading Cultural Damage Exploitation Essay

… Another area where cultural mix has been cited and is caused by globalization is the use of Chinese characters in tattoos by non-Chinese individuals.

Thou globalization has brought very many benefits to the World economy, but it is still blamed in many under developed countries for its negative impact on the cultures of its people. Hobson (2004), elaborate more on this point by saying that globalization has caused an irreparable damage to such cultures in the sense that such cultures are known for their strict adherence to cultural belief and practice, but on the onset of globalization their indigenous language are facing extinction due to large influence of language considered to be for global use such as English, French or Italian. People would prefer these…. [read more]

Open Skies Agreements Research Proposal

… ¶ … Open Skies Agreements on Domestic and International


Current Status of International Open Skies Agreements

The Economic Impact of Open Skies Agreements

Open Skies Agreements: A Dual-Edged Sword

The aviation industry has suffered from a triple whammy during the past decade. Following the horsewhipping the industry received as a result of the terrorist attacks of September 11, 2001, a more recent global recession and skyrocketing energy costs have caused a number of legacy carriers to seek protection using Chapter 11 bankruptcy proceedings while others have simply folded. The current state of affairs, though, did not develop during the past decade alone, but is rather the results of almost a century's worth of increasing deregulation of the aviation industry in the United States. For…. [read more]

Foreign Policy of the United States Term Paper

… ¶ … United States

Digressions with Current American Foreign Policy

Our Nation's cause has always been larger than our Nation's defense. We fight, as we always fight, for a just peace -- a peace that favors liberty. We will defend the peace against the threats from terrorists and tyrants. We will preserve the peace by building good relations among the great powers. And we will extend the peace by encouraging free and open societies on every continent," (National Security Council, 2008) the words of President Bush's speech on foreign policy spoken in 2002 reflect the ultimately what our current foreign policy is aiming for. However, it is much debated on how successful those policies are actually proving themselves to be. In the actual implementation of…. [read more]

Antigua Guatemala Coffee Business Plan

… Any well-funded and large company, where capital is not an issue might be potential entrants because they have a solid brand image in the business sector (Blackwell, 2011).

Rivalry: in this market segment, there are many big players. With the high number of small-scale coffee shops, big players must battle with small players across the market segments. With customers increasingly taking coffee home, it provides the convenience, which is the main factor for players. There is an intense competition in this industry, as companies must battle each other to increase their customer base.

Bargaining power of suppliers: there is a high bargaining power for suppliers. The developments in technological innovations like the automated coffee machines and espresso machines have made them bargain over the industry.…. [read more]

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