Scribd Logo
Încărcați

Bine ați venit la Scribd!

  • Nafta & Brics

    Încărcat de

    ahmed
    317 vizualizări15 pagini
    NAFTA was established in 1994 between the US, Canada, and Mexico with the goal of eliminating trade barriers. It led to increased trade and investment between the countries. However, some jobs were lost, especially in manufacturing. BRICS is an association formed in 2009 between Brazil, Russia, India, China and South Africa, representing over 25% of the world's land and 40% of its population. Member countries see advantages like increased trade capacity and employment. BRICS has established cooperative organizations and funds to further economic integration. While economic integration offers benefits like growth, it can also cause issues like job losses or inequality between members.

    Descriere originală:

    NAFTA & BRICS Economic Integration

    Drepturi de autor

    © © All Rights Reserved

    Formate disponibile

    PPTX, PDF, TXT sau citiți online pe Scribd

    Vi se pare util acest document?

    Este necorespunzător acest conținut?

    Raportați acest document
    NAFTA was established in 1994 between the US, Canada, and Mexico with the goal of eliminating trade barriers. It led to increased trade and investment between the countries. However, some jobs were lost, especially in manufacturing. BRICS is an association formed in 2009 between Brazil, Russia, India, China and South Africa, representing over 25% of the world's land and 40% of its population. Member countries see advantages like increased trade capacity and employment. BRICS has established cooperative organizations and funds to further economic integration. While economic integration offers benefits like growth, it can also cause issues like job losses or inequality between members.

    Drepturi de autor:

    © All Rights Reserved
    Descărcați ca PPTX, PDF, TXT sau citiți online pe Scribd
    Indicator pentru conținut neadecvat
    317 vizualizări15 pagini

    Nafta & Brics

    Încărcat de

    ahmed
    NAFTA was established in 1994 between the US, Canada, and Mexico with the goal of eliminating trade barriers. It led to increased trade and investment between the countries. However, some jobs were lost, especially in manufacturing. BRICS is an association formed in 2009 between Brazil, Russia, India, China and South Africa, representing over 25% of the world's land and 40% of its population. Member countries see advantages like increased trade capacity and employment. BRICS has established cooperative organizations and funds to further economic integration. While economic integration offers benefits like growth, it can also cause issues like job losses or inequality between members.

    Drepturi de autor:

    © All Rights Reserved
    Descărcați ca PPTX, PDF, TXT sau citiți online pe Scribd
    Indicator pentru conținut neadecvat
    din 15

    NAFTA & BRICS ECONOMIC

    INTEGRATION
    Presented by :Ahmad Essam

    NAFTA & BRICS Economic Integration

    Outline
    -Economic integration
    -NAFTA
    -BRICS
    -Conclusion

    Introduction

    Economic Integration is:


    Unification of economic policies between different
    states.
    Leads to lower prices for distributors and
    consumers .
    Increasing the combined economic productivity of
    the states.

    NAFTA
    North American Free Trade Agreement

    Establishment: 1994
    Members: USA, CANADA & MEXICO
    GDP of NAFTA alliance: USD 12 trillion

    NAFTA
    Objectives:

    Eliminate trade barriers & facilitate the cross-border movements of goods and
    services.
    Promote conditions of fair competition.

    Increase investment opportunities.

    Provide protection of intellectual property rights.

    Establish a framework for further trilateral, regional and multilateral cooperation to expand and enhance benefits of this agreement.

    NAFTA
    Benefits:

    NAFTA improved market access including tariff reductions on


    merchandise trade.

    NAFTA had been beneficial to business owners in all three


    countries .

    Mexicos poverty rate decreased and real income increased.

    Canada became the leading destination for U.S. exports

    NAFTA

    U.S. Direct Investment in Canada and Mexico, 1988-2001

    NAFTA

    U.S. Tourism in Canada and Mexico 1989-2001(number of arrival in millions)

    NAFTA

    Adverse Effects:

    NAFTA resulted a net loss of 394,834 jobs in first


    3 years.
    Negative impacts on farmers in Mexico who saw
    food prices fall.
    Negative impacts on U.S. workers in
    manufacturing & assembly industries who lost
    jobs.

    BRICS
    An association between five major emerging national economies: BrazilRussia-India-China-South Africa

    First summit:2009 in Russia (BRIC countries)


    Africa joined in 2010
    Area: over 25% of worlds land area
    Population: 3 Billion(40% worlds population)
    GDP:15 trillion dollars

    South

    BRICS
    Advantages:

    Higher trading capacity


    Fuller utilization of resources
    Full use of the factors of production
    More employment
    Control over inflation
    Increase in GDP
    Overall growth

    BRICS
    Developments:

    The BRICS Forum: an independent international organization


    encouraging commercial, political and cultural cooperation between
    the BRICS nations, formed in 2011.

    In June 2012, the BRICS nations pledged $75 billion to boost the
    lending power of the International Monetary Fund (IMF).

    In March 2013, BRICKS agreed establishment of The BRICS


    Development Bank to provide funding for projects, and create a
    Reserve Arrangement worth $100 billion.

    BRICS

    The ten largest economies in the world in 2050, measured in GDP (billions of 2006
    USD)

    Conclusion

    Economic Integration plays an important role in


    development of nations and helps increasing of
    economic growth

    On the other hand it may have some defects on


    countries like loss of jobs ,migration and inequality.

    NAFTA & BRICS Economic Integration

    Any Questions ?
    Thanks.

    S-ar putea să vă placă și