International trade agreements eliminate trade barriers

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Reference no: EM13381812

International trade agreements eliminate trade barriers between countries, promote investments, infuse competitiveness, enhance productivity, create jobs, and provide consumers with a greater range of options at cheaper prices.

Select an international trade agreement that you have read about, that has been in the news, or is interesting to you for any reason. Summarize the agreement in terms of:

Advantages
Disadvantages
Effects on investment, wages, capital, and taxation
Measures for dispute resolution
Fairness of the agreement towards all the countries involved

Do you think that a single trade agreement and single currency for the world would be beneficial? Why? Select an existing international trade agreement that you would like to implement globally and give your reasons for your selection.

Reference no: EM13381812

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