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Steven Suranovic' s International Trade Theory

There are a number of major economic trading blocs in the world that attempt to address the issue of regional integration in promoting international trade and global business. These groups include Canada, Mexico and the United States as the members of NAFTA, the member nations of the European Union which include France, Germany, Italy, Spain, Sweden, and the United Kingdom. The Mercosur member states including Argentina, Brazil, Paraguay, and Uruguay. There is a Caribbean Community and Commercial Market referred to as Caricom. The Asia-Pacific Economic Cooperation (APEC) forum includes Australia, Canada, China, Japan, South Korea, Singapore, and Taiwan.

According to an article in World Trade, in January of 2002 President Bush announced that the United States would explore a free trade agreement with the countries of Central America. The President said his Administration would work closely with Congress towards this goal. The President added that the purpose of this initiative was to strengthen the economic ties the United States already had with these nations and to reinforce their progress toward economic, political, and social reform. The Central American Free Trade Agreement (CAFTA) is a proposed agreement between...

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Steven Suranovic' s International Trade Theory. (1969, December 31). In Retrieved 04:53, December 11, 2016, from
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