Regionalization and Trading Blocks

The Regionalization and Trading Blocks lesson provides one with information on:

1. What globalization means, its impact on business, and the forces driving it
2. The advantages and disadvantages of globalization, as well as who is in favor of globalization and who opposes the movement
3. What the World Trade Organization (WTO) and the General Agreement on Tariffs and Trade (GATT) are, how they work, and what their history is
4. The history and purpose of some of the world's largest and most influential Regional Agreements: NAFTA, MERCOSUR, ASEAN, and the EU
5. The basic premises of the Free Trade Area of the Americas (FTAA) that is currently under negotiation in North, South, and Latin America

Topics Covered:

1. What globalization means, its impact on business, and the forces driving it
2. The advantages and disadvantages of globalization, as well as who is in favor of globalization and who opposes the movement
3. What the World Trade Organization (WTO) and the General Agreement on Tariffs and Trade (GATT) are, how they work, and what their history is
4. The history and purpose of some of the world's largest and most influential Regional Agreements: NAFTA, MERCOSUR, ASEAN, and the EU
5. The basic premises of the Free Trade Area of the Americas (FTAA) that is currently under negotiation in North, South, and Latin America