File - Mrs. Hendrian Social Studies
What is the primary action that connects the world together?
TRADE
Have you ever traded?
• What did you want?
• What did you have to give up?
• Was it a good trade for you?
• Was it a good trade for the other person?
• Did the two of you ever trade again?
Why do countries trade?
• Brainstorm answers to this question on the back of your World Trade Alliances worksheet.
World Trade
Alliances
NAFTA
• North American Free Trade Agreement
• Countries:
• United States
• Canada
• Mexico
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• Purpose:
• Encourage free trade (no tariffs) on most good originating in and traded between these countries
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EU
• European Union
• Countries:
• France
• Germany
• Italy
• United Kingdom
• Spain
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• Purpose:
• To promote economic and social progress and a high level of demployment between these countries
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OPEC
• Organization of Petroleum Exporting Countries
• Countries:
• Iraq
• Iran
• Saudi Arabia
• Qatar
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• Purpose:
• To control the production of oil and to establish favorable oil prices for member nations
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OAS
• Organization of American States
• Countries:
• Brazil
• United States
• Mexico
• Chile
• Haiti
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• Purpose:
• To strengthen peace, seek solutions to political, judicial and economic problems, and to promote economic and cultural development
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ASEAN
• Association of Southeast Asian Nations
• Countries:
• Vietnam
• Thailand
• The Philippines
• Cambodia
• Singapore
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• Purpose:
• Acceleration of economic growth,social progress, cultural development, and protection of peace and stability of its member nations
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CARICOM
• Caribbean Community and Common Market
• Countries:
• Bahamas
• Antigua
• Jamaica
• Guyana
• Grenada
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• Purpose:
• To promote economic integration and cooperation among its members and to coordinate foreign policy
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OAU
• Organization of African Unity
• Countries:
• Algeria
• Nigeria
• Morocco
• Egypt
• Ethiopia
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• Purpose:
• To promote unity, to achieve better lives for all
African people, to defend independence and to promote international trade
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