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    which group is an example of a commodity organization? european union world trade organization north american free trade agreement organization of petroleum exporting countries

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    Guide to the EU

    The purpose of this publication is to provide first-hand information to businesses about all the different areas covered by the EU – Vietnam Free Trade Agreement (FTA). It has been drafted to help businesses better understand what the main outcomes and achievements of the negotiations are.

    This is a redirection page.

    The requested document has been opened in the appropriate software. In case the document does not open automatically - please follow this link https://trade.ec.europa.eu/doclib/docs/2016/june/tradoc_154622.pdf

    Source : trade.ec.europa.eu

    WTO

    MEMBER INFORMATION: Turkey and the WTO - This page gathers key information on Turkey's participation in the WTO. Turkey has been a member of WTO since 26 March 1995.

    home wto membership turkey

    MEMBER INFORMATION

    Turkey and the WTO

    This page gathers key information on Turkey's participation in the WTO. Turkey has been a member of WTO since 26 March 1995 and  a member of GATT since 17 October 1951.

    National site

    Ministry of Trade

    (National sites are selected by Turkey)

    Official websites provided by Turkey

    Tariff information

    Additional information on import legislation

    Import statistics

    Turkey and COVID-19

    On this page

    News Trade statistics

    Goods, services schedules and tariff data

    Disputes

    Trade Policy Reviews

    Notifications

    Negotiating documents, proposals, and other documents

    Specific Trade Concerns

    Membership of regional trade agreements and preferential trade agreements

    Share

    Acceptance of multilateral instruments

    2005 Protocol Amending the TRIPS Agreement (accepted on 14 May 2014)

    2014 Protocol concerning the Trade Facilitation Agreement (accepted on 16 March 2016)

    Membership of plurilateral agreements

    Observer to the Committee on Trade in Civil Aircraft

    Observer to the Committee on Government Procurement

    Information Technology Agreement

    Participation in joint initiatives

    E-commerce

    Investment facilitation for development

    MSMEs

    Domestic regulation of trade in services

    Trade and environmental sustainability

    Groups in the negotiations

    Turkey is a member of these groups in the negotiations:

    Asian developing members

    G-33

    Friends of A-D Negotiations (FANs)

    “W52” sponsors

    Problems viewing this page? If so, please contact [email protected] giving details of the operating system and web browser you are using.

    Source : www.wto.org

    Economic Globalization Flashcards

    Study with Quizlet and memorize flashcards terms like integrate, globalization, interdependence and more.

    Economic Globalization

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    integrate

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    to combine parts, such as nations, into a whole, such as the global economic system

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    globalization

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    the process of countries around the world exchanging ideas, doing businesses, and trading

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    1/29 Created by RekaPatel

    Terms in this set (29)

    integrate

    to combine parts, such as nations, into a whole, such as the global economic system

    globalization

    the process of countries around the world exchanging ideas, doing businesses, and trading

    interdependence

    the dependence of national economies on one another

    multinational corporation

    a corporation that is based in one country but operates across borders

    outsourcing

    the process of sending jobs to another country to take advantage of lower labor costs

    the results of globalization

    -greater independence between countries

    -larger markets for goods and services

    global communication and businesses

    the internet allows instant companies to talk worldwide. this information allows people to:

    -monitor economic trends

    -buy and sell instantly online

    global transportation and business

    faster methods of moving have changed the way companies do work, allowing them to:

    -ship resources and products around the world quickly

    -sell products globally

    global workforces and business

    better transportation and communication allow companies to use a global workforce, advantages include:

    -outsourcing work to laborers in other countries

    -cutting labor costs to make higher profits

    multinational corporations

    are typically:

    -based in one nation

    -operate in many countries

    -create and sell products globally

    trade organizations

    globalization has led groups of nations to join these that:

    -help regions compete

    -allow countries to integrate to pool their resources

    -lower barriers to trade

    The North American Free Trade Agreement (NAFTA)

    is a free trade agreement between the US, Canada, and Mexico that:

    -allows goods and services to flow across the nations' borders with fewer taxes

    -helps multinational corporations take advantage of resources across borders

    the European union

    was created to help member countries trade more freely. This organization:

    -shares a common currency

    -created a common market, allowing free movement of people and goods

    commodity organizations

    are formed by nations that participate in similar industries. Their goals are to:

    -regulate the supply of products

    -increase profits for member nations

    -cooperate to respond to global economic trends

    organization of the petroleum exporting nations (OPEC)

    -sets petroleum policies for its members

    -regulates supplies to benefit its members' economies

    -establishes prices

    international economic organizations

    sole economic problems through:

    -handling global trade issues

    -helping developing countries expand

    -monitoring the global economy

    world trade organizations (WTO)

    oversees trade organizations around the world by:

    -resolving trade disputes

    -promoting trade in developing nations

    the global economy and developed nations

    globalization has made these nations more reliant on providing services in their economies. they:

    -outsource manufacturing to developing nations

    -provide more products for sale

    future challenges for developed nations

    -slower economic growth

    -difficulty finding jobs for less-educated workers

    -aging populations

    the global economy and developing nations

    globalization has led to economic growth in these nations. this growth is evident in:

    -increased jobs

    -growth of a middle class

    -rise in the standard of living

    future challenges for developing nations

    -population growth

    -environmental problems

    -poverty

    -provision of democratic rights

    future challenges for all countries

    as economies grow, their demand for commodities grows, this increase leads to:

    -higher costs for energy (oil)

    -higher demand for raw materials

    -higher prices for all countries, even developing nations

    allowing the pooling of resources

    Trade blocs help countries by

    limiting competition.

    increasing barriers to trade.

    improving product production.

    allowing the pooling of resources.

    be able to compete better.

    Globalization has led nations to join trade organizations in order to

    be able to compete better.

    regulate the supply of products.

    respond better to global trends.

    monitor the global economy.

    to resolve trade disputes

    to observe the global economy

    to promote fair and successful trade

    to encourage trade in developing countries

    (?)

    What are the purposes of international economic organizations? Check all that apply.

    to resolve trade disputes

    to observe the global economy

    to promote fair and successful trade

    to solve the problems of various countries

    to encourage trade in developing countries

    Source : quizlet.com

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