Documentos de Académico
Documentos de Profesional
Documentos de Cultura
and
the United
States,
creating
trilateral rules-
based trade bloc in North America. The agreement came into force on
January 1, 1994. It superseded the CanadaUnited States Free Trade
Agreement between the U.S. and Canada. NAFTA has two supplements:
the North American Agreement on Environmental Cooperation (NAAEC) and
the North American Agreement on Labor Cooperation (NAALC).
In terms of combined purchasing power parity GDP of its members, as of
2013 the trade bloc is the largest in the world as well as by nominal GDP
comparison. The goal of NAFTA was to eliminate barriers to trade and
investment between the U.S., Canada and Mexico. The implementation of
NAFTA on January 1, 1994 brought the immediate elimination of tariffs on
more than one-half of Mexico's exports to the U.S. and more than one-third
of U.S. exports to Mexico.
APEC
Asia-Pacific Economic Cooperation (APEC) is a forum for 21 Pacific
Rim member economies that seeks to promote free trade and economic
cooperation throughout the Asia-Pacific region. It was established in 1989 in
response to the growing interdependence of Asia-Pacific economies and the
advent of regional trade blocs in other parts of the world; to fears that highly
industrialized Japan (a member of G8) would come to dominate economic
activity in the Asia-Pacific region; and to establish new markets for
agricultural products and raw materials beyond Europe (where demand had
been declining). APEC works to raise living standards and education levels
through sustainable economic growth and to foster a sense of community
and an appreciation of shared interests among Asia-Pacific countries. APEC
1
includes newly
industrialized
economies,
although
the
agenda
of free
trade was a sensitive issue for the developing NIEs at the time APEC
founded, and aims to enable ASEAN economies to explore new export market
opportunities for natural resources such as natural gas, as well as to seek
regional economic integration (industrial integration) by means of foreign
direct investment. Members account for approximately 40% of the world's
population, approximately 54% of the world's gross domestic product and
about 44% of world trade.
GATT
The General Agreement on Tariffs and Trade (GATT) was a multilateral
agreement regulating international trade. According to its preamble, its
purpose was the "substantial reduction of tariffs and other trade barriers and
the elimination of preferences, on a reciprocal and mutually advantageous
basis." It was negotiated during the United Nations Conference on Trade and
Employment and was the outcome of the failure of negotiating governments
to create the International Trade Organization (ITO). GATT was signed in
1947, took effect in 1948, and lasted until 1994; it was replaced by the World
Trade Organization in 1995.
European Union
The European
Union (EU)
is
a politico-economic union
of
28 member
of supranational independent
decisions
by
institutions
the
member
states.
The
EU
traces
its
origins
from
the European
Coal
and
Steel
MAQUILADORA
In Mexico,
a maquiladora (Spanish
a manufacturing operation
in
a free
trade
pronunciation: or maquila is
zone,
SEATO
The Southeast Asia Treaty Organization (SEATO) was an international
organization for collective
defense in Southeast
Asia created
by
IMF
The International Monetary Fund (IMF) is an international organization that
was initiated in 1944 at the Bretton Woods Conferenceand formally created
in 1945 by 29 member countries. The IMF's stated goal was to assist in the
reconstruction of the world's international payment system postWorld War
II. Countries contribute funds to a pool through a quota system from which
countries with payment imbalances temporarily can borrow money and other
resources. As of the 14th General Review of Quotas in late 2010 the fund
stood at SDR476.8bn, or about US$755.7bn at then-current exchange
4
rates. Through this fund, and other activities such as surveillance of its
members' economies and the demand for self-correcting policies, the IMF
works to improve the economies of its member countries.
Objectives of IMF
IMF seeks to achieve the following objectives:
i.
ii.
iii.
iv.
v.
vi.
vii.
viii.
ix.
World Bank
The World Bank is a United Nations international financial institution that
provides loans to developing countries for capital programs. The World Bank
is a component of the World Bank Group, and a member of the United
Nations Development Group. The World Bank's official goal is the reduction of
poverty. According to its Articles of Agreement, all its decisions must be
guided
by
commitment
to
trade and
the
to
the
promotion
facilitation
of foreign
of capital
investment.
The International Trade Organization or ITO was the proposed name for an
international institution for the regulation of trade.
Led by the United States in collaboration with allies, the effort to form the
organization from 1945-1948, with the successful passing of the Havana
Charter, eventually failed due to lack of approval by the US Congress. Until
the creation of the World Trade Organization in 1994, international trade was
managed through GATT.
iv.
v.
vi.