Trade Agreements
USMC
Makes relationship stronger between countries
Trade Doubled since 1993
Used to be known as NAFTA
North American Free Trade Agreement
Members
Canada
Trades oil
Mexico
Produces cars
United States
Trades mineral fuel
CPTPP
Signed on March 8th 2018 and is effective until December 30th 2018
Trade agreement between Australia
Brunei, canada, chille, japan,malaysia
Mexico,new Zealand,Peru, Singapore,and Vietnam
Comprehensive and Progressive Agreement
for trans-pacfic partnership
CETA
Comprehensive Economic and trade agreement
Free trade agreement between Canada
, the European Union and it's members
Agreement has eliminated 98% of tariffs
between Canada and the EU
helps create jobs, strengthens economy, and boosts Canada's trade.
Largest trade agreement in North America
World Trade organization
Ensures trade moves freely and as smoothly
as possible
Trade friction channelled into WTO'S
dispute settlement process
Risk of disputes spilling over into political or military conflict is reduced
Established in 1995 to help create
rules for trade between it's members
European Union
Brexit
The UK is leaving the European Union
28 countries
European citizenship, ensure freedom
justice and security, promote economic and
social progress
Run by European Parliament, Council of the union, European commission, Court of justice and the court of auditors
G7 and G20
Members of the G7 are
canada,france,germany,italy,
Japan, the uk, and the united
states
7 Strongest economy's in the world
"Group of 7"
The G20 is similar to G7 however
is less exclusive and more about money then strength of economy