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Audio Slide 1. Chapter 4 section 2. Chris McElderry, Maria Uzcategui, Sekou Camara.
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Recorded Sound. Regional trading alliances and global trade mechanisms open the markets for economic growth of countries all around the world.
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International Money Fund (IMF). Organization of 188 countries that promotes international monetary cooperation and provides member countries with policy advice, temporary loans, and technical assistance to establish and maintain financial stability and strengthen economies..
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World Trade Organization (WTO). A global organization of 161 countries that deals with the rules of trade among nations.
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Regional Trading Alliances. EU – Economic and political partnership of 28 democratic European countries NAFTA – Agreement between Mexico, Canada and the US ASEAN – A trading alliance of 10 Southeast Asian nations.
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Why are regional trading alliances important?.