This paper discusses the affects of trade agreements and negotiations on international trade.
Written in 2004; 3,275 words; 8 sources; MLA; $ 93.95
Paper Summary:
This paper explains that the "new" theory of international trade is based on the industrial organization approach, which focuses on market shares between domestic and foreign firms; a gain for the domestic firm in a country directly reciprocates a loss for the foreign firm or country. The author points out that U.S. companies participate in business in different countries, not only for cheap labor, but also because they work to integrate their corporate codes of conduct into their Latin American operations.The paper stresses that standards, technical regulations, and certification systems are important for the functioning of economies and trade because various government technical regulations and standards can serve as barriers to international trade.
Table of Contents
International Trade Promoting Economic Growth in APEC
International Trade and Investment in America
Introduction
The U.S. Companies Business Pursuits Bringing Positive Change to Latin America
The U.S. Companies Business Pursuits Bringing Positive Change to China
New WTO Trade Negotiations to Boost the Economy
Improving Economy with Trade Negotiations
Economic Integration and Regionalism
Trade Facilitation, Regulatory Reform, and Standards
From the Paper:
"In the year 200, The Leaders meeting, the Ministerial meetings, and the CEO Summit in Los Cabos were held to find ways of creating opportunities, updating, and sharpening the vision of the Asia Pacific Economic Cooperation (APEC) forum for the future. People who participated in this meeting spent a lot of time in preparing for them. The CEO's of three leading organizations of business in North America prepared a Joint Statement on how APEC can cater to provide global leadership and find ways of supporting greater economic growth in the Asia-Pacific region. In implementing the same policy, the NAFTA has been extremely successful especially, since the economic partners at different levels of development have been able to attain higher levels in growth, trade, and creating jobs. This is why NAFTA has served to be an example for APEC when it comes to its future strategies and implementation action."
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