The Global Economy & Trade

  • Explain the following trade agreements in the world today: 

    • USMCA (used to be NAFTA)

    • EU 

    • Mercosur

    • OPEC

    • ASEAN

    • SADC

  • Globalization - Define and explain what are the benefits & negatives for countries.  Give an example of each. 

  • Supranational Organizations - Define and Explain 

    • WTO - What is it? When was it founded? Goals? 

    • IMF - What is it? Goals?

    • Positives and negatives of both

  • Deindustrialization - Explain what it is, give one real world example, and explain long-term & unintended consequences. 

  • Government Trade Policies:  Explain how policies help and hinder businesses. 

    • Use of Tariffs

    • Tax breaks

    • Federal Reserve

  • Growth Poles - What are they?  Give a specific example and explain what makes it a Growth Pole.  Include a picture!

  • How do State, Local and National governments seek to attract new businesses?  Give examples from San Diego!  (do some research)