Directions:
Write a paragraph explaining each of the following.
WTO – Briefly explain what it is, the purpose, and powers of WTO
GATT: Briefly explain GATT
You do not have to have an introductory paragraph for this assignment. Just answer the questions in your
paragraph. Type and turn in to me by Monday, November 3.
NAFTA
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What is NAFTA (North American Free Trade Agreement) and which nations are included in NAFTA?
Explain the Pro-NAFTA arguments and the Anti-NAFTA arguments
How has NAFTA benefited the economies of all three nations that signed it?
What was the goal of NAFTA?
Take a position and defend NAFTA or explain why you do or do not think NAFTA has been beneficial (back up
your position with facts).
EU
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What is the EU (European Union)?
Which countries are member of the EU? – (Name only 10, but be familiar with all.)
What advantage or disadvantage do you see as to why a country would become a member?
Explain the purpose of the EU in your own words.
Take a position and defend it or explain why you do or do not think the European Union is beneficial.
ASEAN
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Explain in your own words Association of Southeast Asian Nations (ASEAN).
What countries are part of the ASEAN?
What is the purpose of ASEAN?
GATT
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What is General Agreement on Tariffs and Trade (GATT)
What is the purpose of GATT?
When it was last signed?
What was the result of GATT?
WTO
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What is the WTO (World Trade Organization)?
What power(s) does the WTO have?
Explain the purpose of WTO in your own words.
Explain why you do or do not think the WTO is beneficial.