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This paper defines and describes the various parties in international trade, including the actors and organizations. The paper also discusses treaties and how they interplay with the international trade system. Institutions such as the European Union and the International Monetary Fund are also discussed and shown to exert considerable influence over global economic integration. The paper summarizes by stating that various aspects of the international system have enabled the expansion of global economic integration. Regimes, institutions, and regional interests bring nations together to meet common objectives.
From the Paper:"It is difficult to determine the exact impact of institutions on global economic integration. It is clear that some institutions have a strong positive impact on the amount of integration attained. But many other institutions, in the pursuit of their own interests, have little positive impact or many even have a negative impact on global integration. In future the picture is even muddier. The European Union, for example, represents an archetype of global governance, representing a move beyond the nation-state. Yet the EU in the pursuit of its own interests impedes trade as much as promotes it. Further emergence of such institutions of global governance could in fact have a negative impact on global economic integration in the future."
Sample of Sources Used:
- Goldstein, Judith; Rivers, Douglas & Tomz, Michael. (2003). How does the Trade Regime Affect International Trade? Stanford University. Retrieved December 21, 2008 from http://www.allacademic.com//meta/p_mla_apa_research_citation/0/6/4/3/7/pages64379/p64379-1.php
- Wayne, E. Anthony. (2004). NAFTA: Ten Years After. US Department of State. Retrieved December 21, 2008 from http://www.state.gov/e/eeb/rls/rm/31645.htm
- No author. (2003). Trade Reforms and Food Security: Conceptualizing the Linkages United Nations. Retrieved December 21, 2008 from http://www.fao.org/docrep/005/y4671e/y4671e00.htm#Contents
- Capdevila, Gustavo. (2008). The Death of Doha. Asia Times. Retrieved December 21, 2008 from http://www.atimes.com/atimes/Global_Economy/JG31Dj02.html
- Geithner, Timothy. (2007). The Economic Dynamics of Global Integration. Federal Reserve Bank of New York. Retrieved December 21, 2008 from http://www.newyorkfed.org/newsevents/speeches/2007/gei070725.html
Cite this Term Paper:
Actors, Regimes and International Trade (2010, November 14) Retrieved May 28, 2020, from https://www.academon.com/term-paper/actors-regimes-and-international-trade-145549/
"Actors, Regimes and International Trade" 14 November 2010. Web. 28 May. 2020. <https://www.academon.com/term-paper/actors-regimes-and-international-trade-145549/>