Task 1: Researching Today’s Trade Agreements The International Trade Administration (ITA) is a division of the US Department of

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Task 1: Researching Today’s Trade Agreements The International Trade Administration (ITA) is a division of the US Department of

1 © 2015 EDMENTUM, INC. 1 Commerce that focuses on the nation’s trade issues and helps companies do business in and with other countries. The ITA website contains a wide variety of information on issues related to international trade. Read about the free trade agreements the United States has with other countries and answer the questions that follow. Choose a trade agreement that the US currently has with another country that you would like to learn more about. Which country and trade agreement did you choose? Type your response here: If you haven’t already, click the link for the webpage of the potential agreement you selected, and navigate through it to answer the remaining questions. You may have to go to other websites to find some information. If so, be sure to cite your source in your response. List five main points of this agreement. Type your response here: What are the major regions and industries that the agreement addresses? Type your response here: What are some of the current tariffs or barriers to trade? Type your response here: How will consumers benefit from this trade agreement? Type your response here: Conduct some research on the origins of this agreement. Were any Congress members particularly for this agreement? If so, who and why? Type your response here: Were any Congress members against this agreement? If so, who and why? Type your response here: 2 © 2015 EDMENTUM, INC. 2 How might this agreement benefit the US economy overall? Type your response here: How might this agreement benefit people in your state specifically? Type your response here: Task 2: Presenting Your View Imagine that this agreement is still being negotiated. In this task, you will create a presentation to your Congress member to encourage him or her to support passage of this tra

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Tanya [424] · Answer 1 · 2023-09-09T00:36:36+03:00

The main purpose of trade agreements between countries is to reduce trade barriers such as tariffs and quotas and facilitate free trading.

<h3>What is a trade agreements?</h3>

This refers to the treaties signed by nations to encourage the free flow of goods and services between the members.

These agreements can be a bilateral or multilateral which generally reduce trade barriers such as tariffs and quotas.

An example of trade agreements is one that exist in the Northern Sphere of America called the North American Free Trade Agreement (NAFTA).