International Trade Agreement & Organization
USMCA(The New NAFTA)
Automobiles
Encourage auto company to invest or expand in Canada or US
Requiring that 40 percent of cars can be made where auto worker at least $16 an hour
GM Oshawa plant is closing
December, 2019
The loss of revenue
US farmers get more access to the Canadian dairy market
Intellectual property and digital trade
No section 232 tariff protections
Sunset clause
G7
The seven largest advanced economies in the world
EU(European Union)
The European Union (EU) is a political and economic union of 28 member states that are located primarily in Europe.
Brexit
Friday, 29 March 2019
Reduce the UK's real per-capita income level
Government would have less money to spend even if it no longer had to pay into the EU.
a loss of duty-free access for particular sensitive industrial goods, notably cars.
APEC
Asia-Pacific Economic Cooperation (APEC) is an inter-governmental forum for 21 Pacific Rim member economies that promotes free trade throughout the Asia-Pacific region.
CPTPP(The Comprehensive and Progressive Agreement for Trans-Pacific Partnership)
Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.
the third largest free trade area in the world by GDP after the North American Free Trade Agreement and European Single Market.
Canada-Chile Free Trade Agreement
signed on December 5, 1996, in Santiago, Chile
In 2012, expasion announced - Canadian financial institutions will enjoy preferential access to the Chilean market and can compete on a level playing field vis-à-vis their competitors.
Canada-European Union Comprehensive Economic and Trade Agreement (CETA)
signed on October 30, 2016 and entered into force on September 21, 2017.
Rules of origin
Trade in good
Customs and trade facilitation
Regulatory cooperation and conformity assessment
Government procurement
ASEAN(Association of Southeast Asian Nations)
Integration
political
environmental
security
military
educational
sociocultural
WTO
commenced on 1 January 1995
signed by 124 nations on 15 April 1994, replacing the GATT
GATT
Trade Barriers
tariffs
quotas
regulates international trade
Goods
Services
intellectual property
the largest international economic organization in the world
Exploratory discussions on a possible Canada-China free trade agreement
Canada-China Free Trade Agreement (FTA).
On September 22, 2016, Canada and the People’s Republic of China announced the launch of exploratory discussions topic
Canada-Mercosur Free Trade Agreement
Trade opportunities in emerging markets
Canada recently concluded exploratory discussions for a possible free trade agreement with Mercosur countries: Argentina, Brazil, Paraguay and Uruguay.
EU ensure all theses features among members in Europe
Law
Social Justice
Freedom of Trade
Agriculture development
free movement of people, goods, services and capital within the internal market.
G20
13 more new members based on the G7
Argentina, Australia, Brazil, China, the European Union, India, Indonesia,Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey.
intergovernmental cooperation
France, Canada, US, UK, Germany, Italy, Japan
Marrakesh Agreement
supplemented by a number of other agreements on issues
trade in services
trade-related aspects of intellectual property
technical barriers
sanitary and phytosanitary measures