Dynamics of International Institutions Chapter 4 United Nations Purposes 5 Major Components General Assembly Adopts resolutions Security Council Main policy-setting body 5 permanent members US United Kingdom France Russia China 10 rotating members United Nations Economic and Social Council International Court of Justice Economic and social issues Improve human rights, education, and health conditions Legal decisions between countries 15 judges Secretariat Secretary-general Administers programs and policies World Trade Organization Promote Trade How? Early Years of Cooperation International Trade Organization General Agreement on Tariffs and Trade Reduced tariffs World Trade Organization Developing countries Other Organizations Organization for Economic Cooperation and Development “Rich man’s club” Eliminate bribery Organization of Petroleum Exporting Countries Members Short history Economic Integration Four Types Free trade area NAFTA Customs union Common market Complete economic integration European Union European Union History World War II Marshall Plan OEEC OECD Benelux Union EFTA ECSC EEC EU European Union Purpose of the UU Free movement Treaty of Rome (1957) Institutions European Commission Council of Ministers Parliament of EU European Court of Justice EU Court of First Instance European Union United States of Europe Problems with European Union Roadblocks Losing credibility Federal systems Fraud EU Constitution What has the EU accomplished? Standards Tariffs US considerations European Monetary Union Maastricht Treaty-1991 National currencies Euro U.S. Negotiations Importance to U.S. NAFTA U.S.-Canada Free Trade Agreement NAFTA 1989 January 1, 1994 Environmental and labor laws Expansion? Effective? Other Regional Agreements Association of Southeast Asian Nations 1967 10 members Economic growth and regional peace European Free Trade Association 1960 Response to EU Source: asean.or.jp Other Regional Agreements African Union 1999 Move from apartheid and colonization Central American Free Trade Association 2003 U.S. and other countries What does it do? Source: ustda.gov Other Regional Agreements Organization of American States 1948 35 members (including U.S.) “Promote cooperation within the region” Asia-Pacific Economic Cooperation 1989 21 countries (including U.S.) “Promote open trade and economic cooperation” Other Regional Agreements Mercosur 1991 “Common market of the South” 5 members (Argentina, Brazil, Paraguay, Uruguay, and Venezuela) & 7 associate members Growing trade Andean Community 4 members (Bolivia, Colombia, Ecuador, Peru) & 5 associate