Intro to Business › Section C · Competing in the global marketplace › Topic C.4
Trade agreements and economic communities
Governments do not only put up barriers; they also sign rules that pull barriers down. This topic covers the global rule book of the WTO, the lenders that support it, and the regional groups, from USMCA to the European Union, that shape where firms make and sell their goods.
In this topic
- Rules that level the field
- Worked example: a dumping margin
- From GATT to the WTO
- Settling disputes
- The World Bank and the IMF
- Degrees of economic integration
- North America: NAFTA and USMCA
- Worked example: does the part qualify?
- The European Union
- Other communities around the world
- Common mistakes to avoid
- Key takeaways
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