Global Business Strategies

Paper Summary:

In this article, the writer researches and analyzes the role of regional integration in promoting global business. The writer then discusses the advantages and disadvantages of regional integration. Further, the writer compares and contrasts the economic development stages of countries within one region and the ramifications of the region's economic development for global business. This work focuses on the North American Free Trade Agreement (NAFTA). The writer concludes that the intentions and the reality of NAFTA are radically different.

Outline:
Objective
Introduction
Global Trade and NAFTA
Summary and Conclusion
Bibliography

From the Paper:

"It is clear that the promise of the North American Free Trade Agreement (NAFTA) has not materialized in the lives of independent farmers, wage workers and that this has greatly affected the lives of millions. NAFTA is proclaimed by the governments and corporations within the countries of NAFTA to be an unmitigated success and perhaps from the perspective of the governments and the corporations this is true. The problem that exists is that the independent farmers are out of business and migrating into the areas where jobs are already scarce and wages are low. Furthermore U.S. independent farmers have been essentially driven out of business due to impacts of NAFTA. It should be questioned that the only growers of food are the big corporations leaving little in the way of choice to consumers."

Sample of Sources Used:

• North American Free Trade Agreement (NAFTA) (2006) Public Citizen Online available at: http://www.citizen.org/trade/nafta/.
• The Ten Year Track Record Of The North American Free Trade Agreement U.S., Mexican And Canadian Farmers And Agriculture (2006) Public Citizen: NAFTA at Ten Series Online available at: http://www.citizen.org/documents/NAFTA_10_ag.pdf
• NAFTA at Seven (2001) Economic Policy Institute - Research for Broadly Shared Prosperity Online available at: http://www.epinet.org/content.cfm/briefingpapers_nafta01_index.

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