Explain what the trade agreement is


Problem: We discussed the importance of trade partnerships and global relations. Some examples include : the North American Free Trade Agreement (NAFTA), Central American-Dominican Republic Free Trade Agreement (CAFTA-DR), the European Union (EU) and Asia-Pacific Economic Cooperation (APEC). In this essay, you must pick ONE of the trade agreements (feel free to choose one of your choice) and explain how these agreements can help local economies. You must:

1. Explain what the trade agreement is?

2. Describe its benefits?

3. Provide some challenges and discuss them.

Make sure you RESEARCH what these agreements are.

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