Optimist International

“NAFTA was bold and controversial from the start. When first conceived, it was far from obvious that it would be possible given the circumstances of the times,” Michael J. Boskin The North America Free Trade Agreement (NAFTA) was enacted in 1994 by United States, Canada, and Mexico. NAFTA is the predecessor to the Canada-US Free Trade Agreement (CUSFTA) and was used to facilitate the creation of the North American Agreement on Environmental Cooperation (NAAEC). It was also used to facilitate

In the ever globalizing world of today, exports have become a fundamental ingredient in country 's growth. Many countries, especially the less developed ones , often use policies of trade liberalization to boost up their exports. The most commonly used policy is import substitution. However, sometimes export promotion also becomes a prominent part of country 's economic policy. Unfortunately, Pakistan has never had a consistent, coherent and well-articulated trade policy. Trading patterns have closely

The deployment of economic sanctions on the international stage by states to influence the behavior of other states has become the norm in International Relations. Despite the increase in popularity of this practice over the course of the past century, the question of its efficiency is one that is still debated and remains unanswered. The idea that putting economic pressures on a country to illicit a certain behavior or change in behavior from that country works in theory, but in practice, it is

Greece: On considering the possibility of leaving the euro and reverting back to the drachma. By Mohd Zubir Bin Mohd Muhili @00410202 Table of content Introduction Greece became the focal point of Europe’s debt crisis after the financial collapse in 2008. With global financial markets still reeling, it was announced in 2009 that Greece had been understating its deficit figures for some years, raising soundness about the unassailability of Greek finances. By 2010

Globalisation is where national barriers (things that block or stop other things) are removed and international trade and communication are increased. As globalisation affects countries and people all over the world, money-based and cultural factors play a big role. And its effect on movement across nations of: • Export, imports and trade • Investment • Technology • Finance • Labour and the ability to move and the possible movement across countries of those 5 elements. Australia has been

Introduction: Globalisation is the worldwide movement toward economic, financial, trade, and communications integration (Business dictionary) the word had hardly been used up until the 1970s. But with new technology and increased trade, the word globalisation is now considered a very important concept throughout the world, Particularly in China. Where over the last forty years it has gone from an important opponent of globalisation, a supporter of global disorder (WILLIAM H. OVERHOLT (2005) and

As intended in the Global Europe strategy, the EU attempted to widen its trade market to East Asian economies. South Korea was the first for the EU to start that aim. Generally, tariffs on over ninety percent of goods are expected to be removed within 3 years and a total elimination of tariffs within 7 years for South Korea and within 5 years for the EU (Hwang and Kim, 2014). According to an econometric estimation, the most beneficial sector from the FTA should be the service sector, which could

1. ABOUT INTERNATIONAL TRADE. How is it possible that I can go to a supermarket and buy products from Africa, Asia, Latin America or from any other country? Today, this is possible thanks to international trade. International trade is a term referred to the exchange of goods and services across international borders or, in other words, between different nations. In almost every country, international trade represents a large share of the gross domestic product (GDP). Global trade allows people to

Knorr (1987) in his book”The Rise of Free Trade “mentioned the following advantages of the International trade: The International trade: .Improves the domestic competitiveness •Takes advantage of international trade innovation •Increase sales and benefits •Extend deals capability of the current items •Maintain cost competitiveness in your local business sector •Enhance potential for extension of your business •Gains a worldwide market share •Reduce reliance on existing markets •Stabilize

The paper uses the dataset on annual value and volume of Thailand’s exports to its top 35 destination markets for roughly 6,290 6-digit Harmonized System (HS) products for the years 1992-2013. The 6-digit HS level product code is used because it is considered to be the most suitable available level of disaggregation that allows for comparison across different countries (Bown and Crowley 2006). The export data is obtained from the UN Commodity Trade Statistics Database (UN COMTRADE). The list of