Tag: agreement

  • Trade

    Nafta

    NAFTA is an acronym standing for either the North American Free Trade Agreement or the trade bloc called into existence by the agreement known as the North American Free Trade Area. The NAFTA treaty was signed by the United States, Canada and Mexico on January 1, 1994 after many years of difficult and protracted negotiations, resulting in the creation of a continent-wide free trade area. The ...

  • Trade

    Gatt

    GATT, or more properly “the GATT”, stands for the General Agreement on Tariffs and Trade. This historic agreement was formulated at the 1944 Bretton Woods Conference that, even while World War II still raged, sought to facilitate and boost the world’s economic recovery once the war ended. The economists and diplomats from the 23 countries who formulated GATT set as their prime mission the ...

  • Trade

    International Trade Organizations and Free Trade AgreementsGlobal financial markets are directly impacted by the trade practices of sovereign nations as well as the economic policies and agreements of regional organizations. Based upon geographic and historical factors, nation states are often best served by entering into bilateral and multilateral trading agreements with their ...