Papers on "The Free Trade and the Americas" and similar term paper topics
Paper #060000 ::
The Free Trade and the Americas
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This paper discusses the existing trend toward free trade, especially the Free Trade Area of the Americas (FTAA) and the Central American Free Trade Agreement (CAFTA).
Written in 2005; 1,930 words; 9 sources; MLA;
$ 61.95
Paper Summary:
This paper explains that the trend toward regional economic integration has produced organizations, such as the EU, African Union, and Association of Southeast Asian Nations, serving the interests of many smaller nations by allowing them to attain more power in their foreign policy by acting collectively within; however, the key factor among all of the organizations, with the exception of NAFTA ,is that the member nations have comparatively similar economies in terms of GDP per capita, manufacturing sectors, and agriculture. The author points out that, surprisingly, the U.S. has done little to expand its trade relations with the other Western Hemisphere countries; however, the negotiations for the Free Trade Area of the Americas (FTAA) and the subsequent establishment of a common market in the Western Hemisphere, which be the largest trade group in the world, is one of the most prudent mechanisms for the U.S. to strengthen relations with key allies and propagate its global economic preeminence. The paper relates that the most significant objection, especially by Brazil, involves the agricultural subsidies given to US farmers, which will skew market costs and competition between U.S. and Brazilian farm products.
Table of Contents
Introduction
The Free Trade Area of the Americas
Strategy for the Resolution of Disagreements over the FTAA
Geo-Strategic Implications of the FTAA
Conclusion
From the Paper:
"In order to revive FTAA talks and lead to a finalization of the agreement, three major areas require important changes: the administrations of the involved nations, the resolution of differences halting negotiations and a concerted effort to curb domestic political resistance to the FTAA. First, recent history has shown that the current administrations in many of the countries involved in the FTAA are unwilling to compromise on conflicting goals. While the Bush administration has made expanding free trade a high priority, its tenuous relations with the Chavez regime will continue to lead to subsequent Venezuelan actions to undermine US efforts. The forthcoming US presidential elections in 2008 or a resolution of the electoral controversy surrounding Chavez could bring a change in circumstances in this arena."
Tags:
agricultural brazil cuba venezuela differences geo-strategic
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