ACCORDING TO THE 1976 TREATY OF AMITY AND COOPERATION IN SOUTHEAST ASIA, WHAT ARE THE 6 FUNDAMENTAL PRINCIPLES OF ASEAN? 2. DEFINE AFTA – THE ASIA FREE TRADE AREA
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- ACCORDING TO THE 1976 TREATY OF AMITY AND COOPERATION IN SOUTHEAST ASIA, WHAT ARE THE 6 FUNDAMENTAL PRINCIPLES OF ASEAN?
2. DEFINE AFTA – THE ASIA FREE TRADE AREA
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- If AFTA member countries adopts the EU model, what are the major challenges that AFTA could face. What solution is there to each challenge and what are the opportunities that can arise as a result of these challengesDiscuss NAFTA and The Association of Southeast Asian Nations (ASEAN). Discuss (2) two benefits and (2) two drawbacks of each of the arrangements discussed. State (2) two pros and (2) two cons of regional agreements. You must include examples of countries and associated organisations where these pros and cons were evident. Please provide at least three google scholarly references‘Regional trade agreements are changing the landscape of the global marketplace’. Discuss NAFTA and The Association of Southeast Asian Nations (ASEAN). Discuss (2) two benefits and (2) two drawbacks of each of the arrangements discussed. State (2) two pros and (2) two cons of regional agreements. You must include examples of countries and associated organisations where these pros and cons were evident.
- The General Agreement on Tariffs and Trade (GATT) was a treaty designed to promote free trade by reducing Select one: a. None of the above b. Tariff barriers only c. Non-tariff barriers alone d. Both tariff and non-tariff barrierswhat are some of the international trade barriers (identify 2 to 4) between the United States and the global market?Any country which becomes a member of the World Trade Organization commits to the principle of Preferential trade arrangements (PTAs) which means they should notdiscriminate in favor of one country when trading and should use same tariffs and conditions for all WTO members, this principle allows for Free Trade and the promotion of global trade. Having said that, what do you think are the effects of Regional Trade Blocs on the WTO since these blocs discriminate in favor of their region against other countries?
- Regional trade agreements are changing the landscape of the global marketplace’. What is NAFTA and the Economic Union (EU). what are (2) two benefits and (2) two drawbacks of each of the arrangements discussed.Introduction to Trade Policies: Provide an introduction to the significance of trade policies and agreements in the context of international business. Your international business is an oil rig located in Saudi Arabia. Answer the following question with this in mind 1a. Identify and discuss three trade policies that may directly impact your international business venture. Consider tariffs, quotas, and regional trade agreements as examples. 1b Apply at least two major trade theories to your international business venture. Discuss how these theories explain or influence your choice of products, target markets, or trade strategies.10. Why countries choose to enter into Free Trade Agreements such as the U.S. Mexico Canada Agreement, or USMCA? What are the benefits of a membership in the Free Trade Agreements?