international organizations and agreements

north american trade agreement est. 1994

agreement between canada, the united states, and mexico that launched the worlds largest free trade agreement by eliminating tariffs and other trade barriers, promoting fair competition among the three countries

advantages of NAFTA

creates hihger paying jobs

allows freer flow of good and services

makes North america competative

disadvantages of NAFTA

lost manufacturing jobs

harder competition for farmers products in mexico without tariffs

pollution in mexico due to keeping up with financial and ecnomic growth

loss of culture

companies sold to foreign investors

the canada european union comprehensive economic and trade agreement 2017

trade deal between Canada and the european union, gives canadian business prefrential access and great opportunities for growth in the EU

advantages of CETA

Canadian businesses gain access to supply good and services to the EU

makes cross order travel more accessable

strengthens economic relations

boosts Canadian trade with one of the worlds largest markets

disadvantages of CETA

increased competiton

job losses

binding obligations regarding labour rights

european free trade associatin 1960

altnerative for countries unwilling or unable to join the EEC, does not establish a customs union allowing member countries to maintain soveriegnty, allows free trade and economic integration between member states

comprehensive and progressive agreement for trans pacific partnership 2005

one of the ;argest trade agreements in the world, allowed for increased trade acess and exonomic growth as well as stronger investment protections

World trade organization

promotes trade liberalization throughout the world. Ecnonomic prosperity and social development are at the heart and opporates as a forum for negotiations

the asia pacific economic co operation

a trade organization that unites countries in the pacific ocean to foster open and free trade amoung its members and increase prosperity and economic growth

the group of 8

trade organization that encompasses the major economic of the world and discusses macroeconomic issues such as ecnomic growth, trade liberalization, and helping devloping countries

the group of 20

devlops beyound the G8 t00 strengthen economic ties throughout the world, focusing on economic and employment growth, eliminating trade barriers, refroming friancial insitituions, and restructuring global finaical organizations

organization for ecnomic co operation and devlopent

a trade organization for the advancement of democracy and market economies

the world bank

an oraganziation taht provides onetary and techincal suoort for devloping countries

the international monetary fund

an oragnziation that tracks economic trends, analyzes contries finacial problems, and provides a foru for discussion, promotes finanical stability, prevent and solve economic crisis, ecourage growth, assuage poverty

the united nations

an oragnziaton that strives for world peace and social advancement, it wants to keep peace, devlp friendly realtionships, work to help the poor and distitute, to be a centre for actchiving goals

the eruopean union

a trade agreement between countries in europe to promote peace, economic growth, government co operation, strong bonds between poeple, political integratin, and population prosperity.

members must have economic stability, a market economy, democratic government, postiive human rights record, legal insitutions, and teh ability to administer the EU laws and policies

the euro

the euro was adopted by twelve of the EU countries and decreases the risk of exchange rate fluctutions, creates price transparancy, ekiminates transation costs, creates easy billling, increases markets, creates economic stability, and echances the labour movement by havinga. unified currency