Free Trade Agreement Research Papers Samples For Students

I. Introduction
A. Opening Remarks: For centuries, countries have been working on having easy access to foreign markets for a variety of reasons.
B. Thesis Statement: Although the NAFTA presented positive changes to the economies of all signatories, the labor market suffered in some areas of the United States and Mexico due to the changing labor demand in the market and the lack of opportunities for the rural folk.
II. Background of the NAFTA
A. History: Economic integration has long been an issue discussed by North American governments since the 1900s.
B. Aims: Under the NAFTA, each signatory will ...

International Business & Global Logistics

International Business & Global Logistics
This paper deals with the North American Free Trade Agreement, such notions as state capitalism and guarded globalization, functioning of the multinational corporations and the major cultural dimensions.

The North American Free Trade Agreement, established in 1994, created free trade zones that are the largest in the world. The North American Free Trade Agreement was aimed at economic growth of such countries as Mexico, the United States of America and Canada. After the agreement came into effect, the wealth of families, workers, manufacturers and thus the prosperity of countries has been increased greatly (“North American ...

Political Science: Globalization and Trade

Impacts of NAFTA on the Member States
NAFTA is a free trade agreement that was enacted in the year 1994 and signed by President Bill Clinton. The focus of this agreement is to abolish numerous tariffs that are imposed on products traded among three countries United States, Canada and Mexico (Mary E. Burfisher, Sherman Robinson, and Karen Thierfelder. 2001). In this paper the impact of NAFTA on the member states have been discussed in detail. Some groups advocates that NAFTA is exerting positing influence on its members while the others advocates that it is exerting negative influence on the ...

United States of America and the Republic of Korea

Free Trade Agreement between the United States of America and the Republic of Korea
Executive Summary
Last March 15, 2013, the United States–Korea Free Trade Agreement (KORUS FTA) celebrated its first year anniversary. As it is with major trade agreements in the world, the anniversary of the KORUS FTA was eclipsed by the many debates on the agreements impacts, benefits, costs, ramifications and potential and protracted negotiations and renegotiations potential. Both the United States and South Korea state that the KORUS FTA is in fact delivering on the projected economic promises, citing the increase in the ...

Mexico is the world’s 12th largest economy in terms of Gross Domestic Product ($1.657 trillion), growing at an average rate of 3.8% annually. With a 47.7 million labor force, Mexico has GDP per capita of $15, 100 which is the 81st highest in the world. Mexico’s leading industry include food and beverages, tobacco and cigarette production, chemicals, iron and steel manufacturing, petroleum, mining, textiles, clothing, manufacture of motor vehicles, consumer durables, and an active tourism sector.

Ninety percent of Mexico’s trade is under free trade agreements with countries from the whole North America, most of Central America, ...

Economic development is an essential goal that all the countries across the globe strive to achieve by adopting all the possible measures that aid in achieving this goal. To effectively maintain a continuous economic development in a country, government bodies adopt legal strategies that ensure a continuous flow of trading activities that in turn generate revenues not only for the involved businesses but also for the government as well. Free trade is one of the trading measures that most countries have enacted in an effort to promote free and frequent flow of trading products and services hence leading to improved and efficient ...

The purpose of this research paper is to determine what the term neo liberalism means and the impact of neo liberalism in the modern day political economic and social agenda. This paper will assess the impact of neo liberalism in the United States of America as well as in any other country where global capitalism is in effect. It will provide an account of neo liberalism as a set of concepts and principles. The paper will seek explain how the various sets of principle that are part and parcel of the neo liberalism are being implemented by governments. It will ...

Vehicles and Auto Parts Exportation to Canada

Vehicles and Auto Parts Exportation to Canada

Introduction

The products to be exported are vehicles and auto parts. They are being exported to Canada. A large percentage of imports in Canada come from the automotive imports originating from the United States. Canada spends an estimated 19 billion dollars on importing automotive from the United States (Transport Canada, 2016). Also, three quarters of the cars being used in Canada are imported from the United States. It means that Canada has a large market for the automotives. A larger percentage of the companies in the automotive industry comprise of assembling firms. The ...

Introduction

The economy of Japan has seen a downturn with the economic crisis in the year 2008. Every country has been faced with the consequences that resulted in different impacts. The paper will present the economic indicators and overall economic situations in the Japan. The background of the country’s economic policies will be present, with international and regional trade agreements. The focus will be on presenting the specific economic data along with the definitions and interpretations. Further on, the current state of the country’s economy will be examined in the light of trade, fiscal and monetary policy.

Background on the country and recent economic policies

Japan ...

Abstract

Mexico is the world’s 12th largest economy in terms of Gross Domestic Product ($1.657 trillion), growing at an average rate of 3.8% annually. With a 47.7 million labor force, Mexico has GDP per capita of $15, 100 which is the 81st highest in the world. Mexico’s leading industry include food and beverages, tobacco and cigarette production, chemicals, iron and steel manufacturing, petroleum, mining, textiles, clothing, manufacture of motor vehicles, consumer durables, and an active tourism sector. Ninety percent of Mexico’s trade is under free trade agreements with countries from the whole North America, most of Central America, ...

Over the years, neighboring countries have tried to form trading alliances with the aim of consolidating their ties and assist in exploitation of their potentials before they expand their operations to the rest of the world. As a result of the attempt, two or three countries come together to form a trading block. Trading blocks are highly influential as far as political and economic relations of member states are concerned. Some trading blocks are strongly influential within their regions of operations and beyond, in both political and economic aspects. For example, European Union which forms the largest trading block across the ...

Regional Economic Integration

Regional Economic Integration refers to the creation of agreements among the countries within the same geographical areas, which aims to enhance economic and political cooperation. Its initial purpose is to reduce or remove trade barriers in the region, while the scope of the agreement can also include further areas for cooperation. It is possible to identify several kinds of regional economic integration, which depend on the degree to which countries want to sacrifice their sovereignty in favour of collaboration and barrier reduction. The least restrictive form of economic integration is the so called “preferential trade area”. It implies a partial ...

Recent years have seen significant changes in the economies of both Mexico and Chile. Given this, it can be useful to examine the current economic situation in Mexico and Chile, comparing the two. While many people in the United States might tend to think of these two nations as being identical in nature because of the fact that they have Hispanic cultures and the Spanish language, there are in fact many differences. For example, Mexico since the late 1990s has been able to benefit from the existence of NAFTA (the North American Free Trade Agreement). This has allowed it ...

Macroeconomics: The State of U.S. Trade Policies and the GDP

Introduction

According to a report published in the Washington Post said" 20 years ago globalization was pitched as a strategy that would raise all boats in poor and rich countries alike. In the U.S. and Europe consumers have their pick of inexpensive items made by people thousands of miles away whose pay was much lower than theirs. And in time trade barriers would drop to support even more multinationals expansion and economic gains while geo political cooperation would flourish"( Collins,2015). This statement clearly implies that globalization is beneficial for ...

The Ukraine government aims at strengthening the ties between the East and the West promote political stability and enhance better foreign relations. A report analyzing of the role of the government and political leaders was submitted to the Minister of Foreign affairs for effective action. Ukraine has failed to deliver according to the expectations of the citizens since there is a complaint and noticed demonstrations from the public. In this paper, I will provide insight to the political and security association of Ukraine to the European Union and give a detailed analysis of the Association Agreement between the both parties.Political and ...

Introduction

The First World War or the Great War was a remarkable event in the history of the humanity. It influenced and shaped our modern world to an extent like none else, and the reflections of today’s development traces its route back to the decisions taken during and post-World War I. No one had any idea about the huge armies that would be involved, the amount of ammunition that will be expended, and how many people would die. However, the role of Canada in the war is noteworthy, considering the fact that the nation decided to stand by the Britain’ ...

Introduction

Neoliberalism is a form of economic liberalism that offers support on free trade, deregulation, privatisation and reduction in government spending with the aim of enhancing the role of private sector in the economy. Privatization focuses on transferring the control of a given economy from public sector to the private sector. The policy does this with the aim of enhancing efficiency of the government, economic growth and development of the nation (Harvey, 2005).
It is also an economic policy that focuses on monitoring the flow of the market economy thus playing a role in intensifying and expanding the market. It does this ...

Aside from political reform and development, the international community has also been busy in creating new means to stimulate growth and economic sustainability. Proposals such as reduced tariff, removal of trade barriers, and the introduction of free trade were pronounced by either developed or developing countries. In Latin America, free trade has been a fundamental aspect of the market reforms carried out in the region; however, the results have varied especially with the onset of globalization and the lingering effects of tariff reduction. Some believe that having trade reform to a growing and a potential economy such as Latin America can sustain ...

The United States and Colombia entered into a free trade agreement known as the U.S - Colombia Trade Promotion Agreement, which was signed on November 22, 2006, went into effect on May 5, 2012. The trade agreement eliminated tariffs removed tariffs on more than 80 percent of U.S. exports of industrial and consumer exports to Colombia (Blaha & Anglin 2012). There are plans in place to remove the remaining tariffs in a period of 10 years. The main aim of the agreement is to ensure order in trade and other economic activities. This resulted into elimination of trade barriers that existed between ...

The North American Free Trade Agreement (NAFTA) and the European Union (EU)

Trading blocs are imperative for the purpose of opening markets and boosting economic growth. Most of regions in the world have come together for the purpose of addressing issues of increasing trade. The North American Free Trade Agreement (NAFTA) forms quite an Integral part in the history of Mexico, Canada and United States. The government of United States, Canada and Mexico signed the agreement which led to the creation of trilateral trade in the region of North America. The agreement was implemented on January 1st 1994. The agreement was supposed to assist the three countries develop their economic interests ...

The North American Free Trade Agreement or commonly called “NAFTA” is a three party trade agreement between Canada, Mexico and the United States. The general purpose of this trade agreement is to reduce, if not totally remove, trade barriers among the said countries. NAFTA also aims to facilitate the movement of goods and services across these North American borders. It also intends to increase investment prospects, encourage fair competition, and implement intellectual property rights in each of the party's territory (Peach & Adkisson, p. 1).

Article 102 of the NAFTA agreement describes its specific purpose as follows:

Award Mexico, Canada and the United States with the Most Favored Nation status.
Reduce ...