1 / 19

International Organizations

International Organizations. Multi-national groups created for an economic purpose. Became policy on January 1, 1994 Agreement between United States, Canada and Mexico Primary focus is on trade. NAFTA .

fineen
Download Presentation

International Organizations

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. International Organizations Multi-national groups created for an economic purpose

  2. Became policy on January 1, 1994 • Agreement between United States, Canada and Mexico • Primary focus is on trade NAFTA

  3. “Under the NAFTA, all non-tariff barriers to agricultural trade between the United States and Mexico were eliminated. In addition, many tariffs were eliminated immediately, with others being phased out over periods of 5 to 15 years.  This allowed for an orderly adjustment to free trade with Mexico, with full implementation beginning January 1, 2008.” - Foreign Agricultural Service www.fas.usda.gov NAFTA - Purpose

  4. NAFTA - Overview The primary function of NAFTA is to eliminate barriers to trade on this continent. Ideally, it expands the available market for domestic products.

  5. Current form created in 1993 • Focus is on stabilizing the European economy • Policies are intended to “ensure the free movement of people, goods, services and capital….” between member nations EU – European Union

  6. Relaxation of borders = easier trade • Common currency 1999= less confusion in international transactions • Not all European countries use the Euro • Establish common goals related to defense, education, agriculture and the environment EU - Purposes

  7. Established in 1945 • Made up of 188 member nations • Same as the United Nations • Is essentially a component of the United Nations • Focus is on global economic stability International Monetary Fund - IMF

  8. Stated objectives are to promote: • international economic cooperation • international trade • employment and • exchange rate stability • making resources available to member countries to meet ways to balance their debt payments • Works to stabilize: • World currencies • Exchange rates IMF - Purpose

  9. IMF - Functions

  10. Established in 1945 • Made up of 187 member countries • Essentially a component of the United Nations • Focus is on the elimination of poverty World Bank - WB

  11. Focus ways to reduce poverty: • Increase investments in developing countries • Encourage international trade, particularly for developing countries • Invest in ways to develop infrastructure • Running water • Electricity • Roads/means of transportation • All of which increase commerce/trade World Bank - Purpose

  12. Areas of current projects World Bank

  13. Established in 1995 • Has 153 member countries • Focus is on the development and expansion of international trade World Trade Organization - WTO

  14. It is an organization for trade opening. It is a forum for governments to negotiate trade agreements. It is a place for them to settle trade disputes. It operates a system of trade rules. Essentially, the WTO is a place where member governments try to sort out the trade problems they face with each other. • Will sometimes establish trade barriers – to protect consumers or prevent the spread of disease • Help trade flow as freely as possible -www.wto.org WTO - Purpose

  15. WTO

  16. Established in 1960 • Iran, Iraq, Kuwait, Saudi Arabia and Venezuela = founding members • Joined by Qatar, Libya, UAE, Algeria, Nigeria, Ecuador and Angola • Focus is on distribution of petroleum (oil) Organization of Petroleum Exporting Countries - OPEC

  17. Stabilization of prices in international oil markets with a view to eliminating harmful and unnecessary fluctuations • Securing a steady income to the producing countries • Provide an efficient and regular supply of petroleum to consuming nations • Give a fair return on their capital to those investing in the petroleum industry OPEC - Purpose

  18. OPEC Global production of Petroleum

More Related