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Free Trade Agreements

Free Trade Agreements. Free Trade Agreements. Why Bother?. International Institutions. - WTO  Predecessor of GATT  Mission to increase and facilitate free and fair trade  164 Members  Common Rules on Trade Related Issues  Binding Decisions

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Free Trade Agreements

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  1. Free Trade Agreements

  2. Free Trade Agreements Why Bother?

  3. International Institutions - WTO  Predecessor of GATT  Mission to increase and facilitate free and fair trade  164 Members  Common Rules on Trade Related Issues  Binding Decisions  Enforcement through Ostracism and Diplomatic Pressure - IMF - World bank

  4. Trade Agreements - Free Trade Area Elimination of Tariffs and Quotas - Customs Union Common External Tariff and Quota System - Common Market Free Movement of Capital, Labor, and Goods - Economic Union Harmonization of Economic and Social Policies

  5. Trading Blocks  NAFTA  EU  MERCOSUR  CEFTA  ASEAN • CARICOM • ANDEAN COMMUNITY • SICA

  6. North American Free-Trade Area (NAFTA) Canada United States Mexico

  7. European Union

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