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| A tripartite agreement between Canada, USA and Mexico. North American Free Trade Agreement. |
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| MINT is an acronym referring to the economies of Mexico, Indonesia, Nigeria, and Turkey. |
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| The G20 (or G-20 or Group of Twenty) is an international forum for the governments and central bank governors from 20 major economies. It was founded in 1999 with the aim of studying, reviewing, and promoting high-level discussion of policy issues pertaining to the promotion of international financial stability.[3] It seeks to address issues that go beyond the responsibilities of any one organization. Anglophone members: UK, Canada, USA, Australia, India, RSA, |
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| Brazil, Russia, India, China, South Africa - newly emergent economies |
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| 1947 - 1995. General Agreement on Tariffs and Trade. Replaced by WTO. |
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| The Association of Southeast Asian Nations (ASEAN) is a geo-political and economic organization of ten countries located in Southeast Asia, which was formed on 8 August 1967 by Indonesia, Malaysia, the Philippines, Singapore and Thailand. Since then, membership has expanded to include Brunei, Burma (Myanmar), Cambodia, Laos, and Vietnam. Its aims include accelerating economic growth, social progress, and cultural development among its members, protection of regional peace and stability, and opportunities for member countries to discuss differences peacefully. The Anglophone countries play a vital part in the economy of ASEAN. |
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| Asian Pacific economic cooperation. 21 countries whose economies total for the half of the world's economy. Canada, USA, Singapore, Brunei, Philippines, Hong Kong, Australia. To level possibility of Japan's economic dominance. Seat in Singapore. |
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| The World Trade Organization (WTO) is an intergovernmental organization which regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement, signed by 123 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948. The conflict between free trade on industrial goods and services but retention of protectionism on farm subsidies to domestic agricultural sector (requested by developed countries) and the substantiation of fair trade on agricultural products (requested by developing countries) remain the major obstacles. |
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| The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world."[1] Formed in 1944 at the Bretton Woods Conference, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system. It now plays a central role in the management of balance of payments difficulties and international financial crises. |
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| African Union. 54 of African countries are members. Semi-annual meetings, coordination of policy. |
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The Organisation for Economic Co-operation and Development (OECD) (French: Organisation de coopération et de développement économiques, OCDE) is an intergovernmental economic organisation with 35 member countries, founded in 1961 to stimulate economic progress and world trade. It is a forum of countries describing themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seeking answers to common problems, identify good practices and coordinate domestic and international policies of its members.
In 1948, the OECD originated as the Organisation for European Economic Co-operation (OEEC),[1] led by Robert Marjolin of France, to help administer the Marshall Plan (which was rejected by the Soviet Union and its satellite states[2]). This would be achieved by allocating American financial aid and implementing economic programs for the reconstruction of Europe after World War II. (Similar reconstruction aid was sent to the war-torn Republic of China and post-war Korea, but not under the name "Marshall Plan".[3]) |
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