...Free Trade Area of the Americas Free Trade Area of the Americas Introduction There are many different regional blocs around the world such as the current one effecting North America called North American Free Trade Agreement (NAFTA). Another trade agreement that has been under hot debate is the Free Trade Area of the Americas (FTAA), which further extends the NAFTA to include other countries from Latin America, Central America, and the Caribbean. This essay will discuss the FTAA, whether the concept of the FTAA is good for advancing the economy of the United States, and finally the impact it might have on North American firms. What is the FTAA? The Free Trade of the Americas (FTAA) is a potential trade bloc encompassing the western hemisphere. As of November, 2005 the negotiations have been stalled and are a continued work in progress (Hill, 2013). The FTAA, first held discussions in December 1994 at the first summit of the Americas where 34 democratically-elected Heads of State of the Western Hemisphere met and came to the conclusion of creating a Free Trade Area of the Americas (FTAA) (“Fast Facts,” 2009). The intention of the FTAA was to open up trade by eliminating trade barriers on goods and services between the 34 different participating countries. It took another 3 years, April 2008, for second summit where the 34 heads of state to sat down and formally inaugurated talks that established a deadline date...
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...BLC Essay 2 Isidro Morales describes US trade policies towards Latin America as a ‘neo-liberal corporate-led agenda’. Discuss the validity of his claim, as well as the desirability of extending the model of regional integration preferred by Washington to all of the Americas. “Since trade ignores national boundaries and the manufacturer insists on having the world as a market, the flag of his nation must follow him, and the doors of the nations which are closed against him must be battered down. Concessions obtained by financiers must be safeguarded by ministers of state, even if the sovereignty of unwilling nations be outraged in the process. Colonies must be obtained or planted, in order that no useful corner of the world may be overlooked or left unused.” Woodrow Wilson, President of the United States, 1919 Madalina Daniela Costache Robert Ibsen British and American Studies – 2XBF November 8th 2013 Number of words: 938 With the emergence of the Washington consensus, the US foreign policy shifted towards a neoliberal model in order to deal with the pressures incited by globalization. Neoliberal theory argues for the development of a free market economy where there is a high degree of free individual choice, and which achieves efficient economic performance by reducing the state’s intervention solely to “defining property rights, enforcing contracts, and regulating the money supply” (Kotz 2000). This essay argues that, as Morales claims, the US does pursue a...
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...11/28/12 Case Analysis Bank of America Mobile Banking - College Essays - Yibin2000 Log In | Essays Book Notes Citation Generator More Sign Up Search 850 000 Essays Henkel Business Challenge Create a new product or technology for a sustainable world with Henkel www.henkelchallenge.com/studentgame Savings Account Experience Great Savings with Standard Chartered Savings Account standardchartered.co.in/Savings Equity Market Read Financial News Anytime Online On Economic Times™ Official Site! EconomicTimes.Indiatimes.com Essays » Computers & Internet Case Analysis: Bank of America: Mobile Banking By yibin2000, May 2012 | 5 Pages (1,202 Words) | 677 Views| Report | Sign Up to access full essay This is a Premium essay Case Analysis: Bank of America: Mobile Banking Company Overview: Bank of America is the largest US bank founded in 1904, it has expanded through several acquisitions. By the end of 2009, Bank of America was the market leader serving 82% of the US population and over 53 million customers. They are positioned as number one in online and mobile banking. Their mobile banking services were launched in 2007 and have gained 4 million customers in less than three years. Acquisitions made by Bank of America prior to the financial crisis caused a very strong drop in their stock price. Customers: In 2009, 10 million customers used mobile banking and this is expected to grow to 37 million by 2014. Customers that use mobile banking are not the same as online...
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...Slavery: A Free but Forced Civilization from Origin Slavery is predated to the earliest known and existing cultures. Regardless of the culture, time, period or race, slavery is a discriminating concept in which people are held against their own will. Before new age society found a more humorous and sexual definition for the concept, slavery was and still is, in some parts of the world, humiliating. In particular, there is one which has been historically long lasting; the Transatlantic African slave trade. This long and grueling migration paved the way for new races and culture. African Americans thrive all over the world but unfortunately descendants from this race did not come to the Americas on their own free will. A world altering voyage and conquest took shape when Christopher Columbus traveled and discovered the Americas in 1492 (1). Historically true, the America’s took shape but not without risk, sacrifice, or discrimination of a divine civilization. Columbus was on venture seeking route to Asia, in turn; found an untouched land devoured by Native Americans (2). Being distracted new ideas and opportunities, he reset is path. The mark of the Columbian Exchange happened; bringing the eventual commerce of food, disease, culture, power and new races (3). All of the changes were not as promising or good. The transatlantic slave trade brought new life but also brought darker times. Columbus didn’t develop this concept, he actually adapted to it. Although, slavery in the...
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...Free Essays Home Search Essays FAQ Contact Search: Related Essays - Economics of Information - Introduction There have been discussions among scholars in developed countries regarding economics of information. Developed countries includes Australia, New Zealand, United States, Ireland, Germany...[ view ] - Economics and Growth - The demand curve is likely to change upwards or rise as a result of changes in a number of factors. One, if there is a move up in the price of an alternative commodity, or decrease in price of the giv...[ view ] Classical Economics vs. Keynesian Economics :: 5 Works Cited Length: 1187 words (3.4 double-spaced pages) Rating: Red (FREE) - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - My research of Classical Economics and Keynesian Economics has given me the opportunity to form an opinion on this greatly debated topic in economics. After researching this topic in great lengths, I have determined the Keynesian Economics far exceeds greatness for America compared to that of Classical Economics. I will begin my paper by first addressing my understanding of both economic theories, I will then compare and contrast both theories, and end my paper with my opinions on why I believe Keynesian Economics is what is best for America. Classical Economics is a theory that suggests by leaving the free market alone without human intervention; equilibrium will be obtained. This theory...
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...Britain following revolution about unresolved issues: trade restrictions, etc. • Tecumseh- Native American leader of the Shawnee and a large tribal confederacy; opposed US in war of 1812. • John Quincy Adams- sixth president; whig. • Empire of Liberty- theme developed first by Thomas Jefferson to identify America's world responsibility to spread freedom across the globe. Jefferson saw America's mission in terms of setting an example, expansion into the west, and by intervention abroad. • Transportation Revolution- early 1800s, development of steamboats, canals, and railroads. Faster transport of people, products, and knowledge. • National Road- First major improved highway in the United States to be built by the federal government. Connection between the Potomac and Ohio Rivers and a gateway to the West for thousands of settlers. • Communication Revolution- Samuel Morse invented telegraph. • The Market Revolution- improvements in how goods were processed and fabricated as well as by a transformation of how labor was organized to process trade goods for consumption. • Porkopolis- Cincinnati was the country's chief hog packing center, and herds of pigs traveled the streets. • Labor theory of value- The value of a commodity is only related to the labor needed to produce or obtain that commodity and not to other factors of production • Second Party System- 2 party system • Democrats- white men democracy. Free markets, no limits on hours/wages. Expand religious...
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... The East Asia’ Regional Economic Integration In the past twenty years, the East Asian economies realized the freedom of foreign trade and direct investment (FDI) because of the influence of GATT/WTO and APEC and as a result, it further promotes the economic growth of East Asia. The mutual economic dependence of each countries has increased a lot and therefore, close economic cooperation among Asian countries is necessary for healthy economic development. Many countries try to deepen their cooperation by establishing agreement and carrying out negotiation or discussion (Kawai 2004). Besides, the East Asian countries want to have their own institutions where they have vital voice in decision making after the financial crisis. As a consequence, the regional economic integration become an inevitable trend. The structure of this essay is organized as follows. The first part of this essay will discuss the driving forces of East Asia’s regional economic integration, including the failure of the WTO and APEC, and the financial crisis. The second part will illustrate how regional organizations of East Asia are developed in aspect of trade cooperation and financial cooperation and then followed by the difficulties in creating a regional economic union, such as the resistance from the United States and the great...
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...Review Sheet for Final Exam in GM 4640 – RBE: Latin America Format for the Final Exam: The format will be a two-hour in-class exam. You will have an essay (60% of the exam score – worth 60 points) that will be identical to the midterm. It will be closed-note, closed book exercise during the two-hour exam. You will also have 20 multiple choice questions (40% of the exam score – worth 2 points each, for a total of 40 points). As with the midterm, the essay will provide a hypothetical scenario of a company that is considering making an investment in a Latin American country. (You will not know the industry of this hypothetical company until the exam.) You will be asked to assess any TWO of the countries that we have covered since the midterm: Mexico, Costa Rica, Chile, Peru, Venezuela, and/or Colombia. The format will be identical to what you saw in the midterm, as follows: a) provide an assessment of prospects for the continuation and sustainability of market-oriented economic reforms in [ANY TWO COUNTRIES OF THE LIST COVERED SINCE THE MIDTERM]. (NOTE: In your answer, you should use the Packenham Model as a framework for your analysis. Don't just summarize Packenham, however; USE the model to assess prospects for specific current and future market-oriented economic reforms in both countries. Also, make reference to lectures/other readings, where relevant.) [MAKE SURE TO DISCUSS BOTH COUNTRIES FULLY.] AND b) discuss any other factors that might...
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...Country Profile: Mexico Jacey Bennett 20121061 International Business Management MGMT3607 Dr. Dannie Brown Tuesday November 20, 2012 Country Profile: Mexico Mexico is a North American country located south of the United States, north Belize and Guatemala, east of the Gulf of Mexico and west of the North Pacific Ocean. Three main industries in Mexico are mining, manufacturing and tourism. (Encyclopedia of Nations, n.d.) Mexico ranks 14 in the world for its land/water area of 1,964,375 sq km. Natural disasters that may occur in Mexico are earthquakes, volcanos and tsunamis. Mexico’s climate varies from desert to tropical. (CIA, The World Factbook: Mexico, n.d.) The two peninsulas of the country illustrate the changes in the climate from one side of the country to the other. The Baja peninsula is desert like with temperatures reaching 100ºF and above, whereas the Yucatan peninsula is tropical and wet. The Yucatan peninsula contains rainforests and white sand beaches. (World Travel Destinations, Culture and History Guide, n.d.) In recent years, Mexico has rapidly developed its tourism sector, the Yucatan peninsula has grown very quickly. Tourism is the fourth largest source of currency income in the country. (Country Profile: Mexico/economies, n.d) The country’s capital city is Mexico City. The primary language spoken is Spanish but there are an estimated 62 other indigenous languages. Most of the population is Roman Catholic. Mexico is a federal democratic...
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...countries and religions to come and live in a land full of freedom and opportunity. These immigrants are slowly but surely turning America into a culture melting pot, giving it the most diversity people have seen in a lifetime. Although it is a common misconception, these people are not just looking to live in America for working privileges. Their real desire is to become something that depicts pride and honor, an American. Being an American in a country as diverse as ours means more than just living on American soil, it has endless benefits that allows one to feel free. Unfortunately, the rapid flow of immigrants into America has led to many issues. One of the main ones is the concept of assimilation, which has been disputed for years due to the capacity of the incoming immigrants. Jay Nordlinger, in his essay “Bassackwards: Construction Spanish and Other Signs of the Times” notes that not “everyone who comes to America is dying to melt into the pot”. Yet he stresses, as does Linda Chavez in her essay “Supporting Family Values”, the need for immigrants to assimilate to American culture. These two concepts have been floating around America since the first illegal immigrants started to show up and they’ve been controversial ever since. Everyone is looking for a happy medium for the issue but can’t seem to find it. Recent immigrants are being expected to trade their ethnic and national identities for new American identities, and the concept of ‘Americanization’ commences. Is the idea...
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...do and be much more but those list above are a few main points. The opposite of communism is capitalism, which is where private owners, rather than the state, control a country's trade and industry for profit. The United States of America is not communist but capitalist because America does not share land between citizens, does not force the disabled to work, and Americans can communicate how they please and ship their goods wherever. The United States of America allows citizens to own private property, unlike communist nations that Marx describes in his essay. In a communist nation, the nation will have an “abolition of property in land and application of all rents of land to public purposes,” according to Marx. This means that there will be no private property but just public land which the people work. America does allow citizens to own land, and then use it for private purposes. There are private property rights in the Constitution, the fourth Amendment, regarding that individuals may hold and exercise their property, even if it is against the government itself. In a capitalist nation, the people are allowed free enterprise which Americans can do and communists cannot. Therefore, since the Constitution cannot be changed, America is not a communist nation but a capitalist nation. Although America is popular for it’s equality and freedom, not all Americans have “equal liability of all to labour” (Marx, 1848). This means Americans are not required to work because they might...
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...Kwan Ho Derrick Lui Macro Economics Professor Chartier 10/25/2004 Bush and Kerry under the Four Economic Issues As the presidential election date is approaching, it is time for Americans to make the important decision on whether to vote for Senator Kerry or President Bush. This decision may very well depends on the individual as the elected candidate will cause a different impact for each American. This essay will examine the position and programs of each presidential candidate under the four main economic issues in the United States: healthcare, taxation, international trade and environment policy. The first economic issue is Healthcare. As we all know, healthcare cost in the United States is comparatively more expensive than other countries. This is also the reason why many workers in the United States require healthcare benefits. Cost in healthcare is simply too high for an average American to afford if anything happens to them and therefore, many people purchase health insurance. However, having health insurance does not solve the high cost in healthcare because premiums are expensive and not all could afford it. Senator Kerry plans to reduce the cost of health insurance, health care bills and medicine, as well as improving medical efficiency to cut administrative cost. He asserts to cut premium costs by reimbursing business for 75 percent of the cost of catastrophic care since a single catastrophic case can raise the price of health insurance dramatically...
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...Although Clay cites support from Jefferson and Hamilton in his appeal on behalf of protectionist policies, the American System envisions a world more Hamiltonian in nature than Jeffersonian (Clay 86). Jefferson’s vision of yeoman’s republic excludes manufacturing and industry, while Clay celebrates what he sees as the expansion of industry and agriculture due to the American System. His rhetorical strategy relies heavily upon appeals to patriotism, stating that it is “American legislation, fostering American industry” that has been so beneficial (Clay 84). His call for unity around the concept of “America” is matched by his aggressive attacks on those opposed to the tariff. He accuses opponents of treasonous intentions, of not assimilating...
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...Introduction This essay will explore the nature of NAFTA and its effect on regional integration as well as state economies from several perspectives. In 1993, the United States, Canada and Mexico signed the North American Free Trade Agreement to achieve the higher level of regional integration. This NAFTA not only concerns the removal of trade barriers, but also aims to promote the movement of capital. Firstly, this essay will explain the evolution of NAFTA and its successful influence on economic integration. Furthermore, this chapter will provide the criticism on the influence of NAFTA. Secondly, this study will discuss the impact of NAFTA on regional integration, particularly economic integration. Then, this essay will propose the understandings on the effect of NAFTA on members’ economies and businesses from four perspectives, including trade, economic growth, employment and FDI. Main body The Evolution of NAFTA The North American Free Trade Agreement (NAFTA) issued in 1993 aims to removal trade barriers and liberalise economics and business among the United States, Canada and Mexico. Compared with similar FTA economic relationship, such as EU, NAFTA is described as the most implemented FTA (Orme, 1996). Like most FTAs, NAFTA not only effectively coordinates resource and improves competitiveness of countries and corporates, but also promotes the movement of products, services and investment, even financial integration. For instance, Krugman & Hanson (1993) stress that...
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...AP World History Survival Guide Name ________________________________ Teacher __________________________ Block _________________ Table of Contents | Pages | AP World History Overview | 3 – 7 | The AP Exam | 3 | World Regions | 4 – 5 | Five Course Themes | 6 | Four Historical Thinking Skills | 7 | Essays Overview | 8 - 15 | Document-based Question (DBQ) | 8 – 12 | Change and Continuity over Time (CCOT) | 13 – 15 | Comparative Essay | 16 – 18 | Released Free Response Questions | 19 – 20 | AP Curriculum Framework | 21 – 38 | Period 1 (Up to 600 B.C.E.)—5% | 21 – 22 | Period 2 (600 B.C.E. to 600 C.E.)—15% | 23 – 25 | Period 3 (600 to 1450)—20% | 26 – 28 | Period 4 (1450 to 1750)—20% | 29 – 31 | Period 5 (1750 to 1900)—20% | 32 – 35 | Period 6 (1900 to the present)—20% | 36 – 38 | Help with Some Confusing Subjects | 39 – 43 | Chinese Dynasties | 39 | Political, Economic, and Social Systems | 40 | Religions | 41 | Primary Sources | 42 | “Must Know” Years | 43 | * Many of the guidelines in this study packet are adapted from the AP World History Course Description, developed by College Board. The AP Exam Purchasing and taking the AP World History exam are requirements of the course. This year, the AP World History exam will be administered on: ___________________________________________ Format I. Multiple...
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