GMS 400 Lecture Notes - Lecture 6: Free Trade Area Of The Americas, Fashion Capital, Caribbean Community
Document Summary
Feb 9 2015: free trade area: no internal tariffs (in principle), but each member has its own tariff rates for imports from non-members (nafta). European union common market: post ww2, 27 members in europe, other former eastern european countries and turkey will join within 10 years, the european council (in brussels, belgium) usually meets 4 times per year to. Iceland, norway, switzerland, and liechtenstein are not members decide general policy. Switzerland is not a member b/c it"s a neutral country. Iceland no reason but its actually really warm there. Canada already has a bilateral free trade agreement with chile. Ecuador and peru, are associate members, but do not have full member privileges. Feb 9 2015: encompasses 190 million people and b economy. Northwest africa: goal to become fta & customs union, but religious and political discord: caribbean common market (caricom): english-speaking islands in the.