business mind map

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Pros and Cons of Globalization

von Meryam Khan

ESTUDIO

von humberto garcia

Nuclear Energy

von Alice Henningsen

LETTER OF CREDIT

von Alina Micu

Asian Pacific economic corporation

promotes free trade through the asian pacific

established in 1989 to leverage the growing interdependence of the asian Pacific region

21 members

Association of south East Asian nations

Organization not trade agreement

members are Indonesia, Thailand,singapore,malaysia, phillipines, Vietnam, Cambodia,myanmar, brunei, and Laos

established in 1967 Thailand

Created to accelerate economic growth social progress and cultural devolopment

CCFTA

Trade Agreement between Canada and chile

Tarffis on bilateral trade was decreased

Canada chile free trade agreement

G7 and G20

The G20 is similar to G7 however is less exclusive and more about money then strength of economy

Members of the G7 are canada,france,germany,italy, Japan, the uk, and the united states

"Group of 7"

7 Strongest economy's in the world

European Union

Run by European Parliament, Council of the union, European commission, Court of justice and the court of auditors

European citizenship, ensure freedom justice and security, promote economic and social progress

28 countries

Brexit

The UK is leaving the European Union

World Trade organization

Established in 1995 to help create rules for trade between it's members

Trade friction channelled into WTO'S dispute settlement process

Risk of disputes spilling over into political or military conflict is reduced

Ensures trade moves freely and as smoothly as possible

Largest trade agreement in North America

CETA

helps create jobs, strengthens economy, and boosts Canada's trade.

Agreement has eliminated 98% of tariffs between Canada and the EU

Free trade agreement between Canada , the European Union and it's members

Comprehensive Economic and trade agreement

CPTPP

Comprehensive and Progressive Agreement for trans-pacfic partnership

Trade agreement between Australia Brunei, canada, chille, japan,malaysia Mexico,new Zealand,Peru, Singapore,and Vietnam

Signed on March 8th 2018 and is effective until December 30th 2018

USMC

Used to be known as NAFTA

Members

United States

Trades mineral fuel

Mexico

Produces cars

Canada

Trades oil

North American Free Trade Agreement

Trade Doubled since 1993

Makes relationship stronger between countries

Trade Agreements