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... 2
Introduction
2
Regionalism
. ... 5
New Regionalism/Re-zoning the World
5
Consequences of Regionalism
. ... According to Summers Lawrence, US Deputy Secretary of the Treasury, the US is considered the first non-imperialist superpower; today the nations are going through regionalism forming economic blocks like the European Union, Mercosur and NAFTA.
At the beginnings of the XIX century Simon Bolivar had a dream where all the states in the Americas would form one single nation; today that dream is close to being realised with the concept of Regionalism and the FTAA. ...
The intent of this report is to a show in general what Free Trade and Regionalism are and what will be the implications for countries and their citizens in the Americas if they adopted the FTAA.
REGIONALISM
Alternative methods used by many countries to achieve trade liberalization includes the formation of preferential trade arrangements, free trade areas, customs unions and a common market; all depend on their economic integration. ...
New Regionalism, Re-zoning the World. ...
The report entitled Beyond the borders: the new regionalism in Latin America of the Inter-American Development Bank look at the integration process of the region. ...
Consequences of Regionalism
The following four consequences are clearly identified from Regionalism:
A. ... (2003) enables the greatest total benefit to the greatest number of people in each of the countries trading, but whereas multilateralism creates trade, regionalism diverts and restricts trade because it is only within a region. ... But while industry groups have input into the negotiating process, consumer, environmental, labour and other public interests groups are completely shut out of the meetings where the FTTA is being crafted.
Approximate Word count = 5418
Approximate Pages = 21.7
(250 words per page double spaced)
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