International trade agreements

International trade agreements

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International trade agreements

International trade agreements are agreements between two or more countries that govern the terms of trade between them. The main purpose of these agreements is to facilitate and increase trade between the countries involved by removing barriers to trade and establishing a framework of rules and regulations for the conduct of trade. In this way, international trade agreements aim to promote economic growth and development by encouraging greater specialization and exchange of goods and services between countries.

International trade agreements can take many forms, from simple bilateral agreements between two countries to more complex multilateral agreements involving many countries. Some of the most important trade agreements include the World Trade Organization (WTO), the North American Free Trade Agreement (NAFTA), the European Union (EU), and the Trans-Pacific Partnership (TPP).

The WTO is the primary international organization responsible for regulating and promoting global trade. It was established in 1995 as a successor to the General Agreement on Tariffs and Trade (GATT), which had been in operation since 1947. The WTO has 164 member countries and is responsible for enforcing trade rules, resolving disputes between countries, and negotiating new trade agreements.

NAFTA is a trilateral trade agreement between Canada, Mexico, and the United States. It was established in 1994 and is designed to eliminate trade barriers between the three countries, including tariffs and other restrictions on the movement of goods and services. NAFTA has been credited with increasing trade between the three countries and promoting economic growth in the region.

The EU is a political and economic union of 27 European countries. It was established in 1993 with the signing of the Maastricht Treaty and has since expanded to include new member countries. The EU is responsible for regulating trade between its member countries and negotiating trade agreements with other countries and regions. The EU has been successful in promoting trade between its member countries and is one of the largest trading blocs in the world.

The TPP is a trade agreement between 12 countries in the Asia-Pacific region, including the United States, Japan, Australia, and Canada. The agreement was designed to reduce trade barriers between the participating countries and promote economic growth and development in the region. However, the TPP has been controversial, with critics arguing that it would have had negative effects on jobs, the environment, and public health.

One of the key features of international trade agreements is the establishment of rules and regulations governing the conduct of trade between the participating countries. These rules may cover a wide range of issues, including tariffs, quotas, technical standards, intellectual property rights, and dispute resolution mechanisms. The goal of these rules is to ensure that trade between countries is conducted fairly and that all parties involved benefit from increased trade.

In conclusion, international trade agreements play a vital role in promoting economic growth and development by facilitating trade between countries. These agreements take many forms and are designed to remove barriers to trade and establish a framework of rules and regulations for the conduct of trade. While these agreements have been successful in promoting trade and economic growth, they have also been the subject of controversy and criticism, particularly in relation to their impact on jobs, the environment, and public health.

International trade agreements

RUBRIC
Excellent Quality 95-100%	Introduction 45-41 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.		Literature Support 91-84  points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.			Methodology 58-53 points Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score 50-85%	40-38 points More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.		83-76  points Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.			52-49  points Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality 0-45%	37-1 points The background and/or significance are missing. No search history information is provided.		75-1 points Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.			48-1 points There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
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