Implications for trade within the trading group and for the

Question

Using at least your textbook and a minimum of three additional sources, answer the following questions. Your paper should be at least three pages in length, excluding title and reference pages. Follow APA style guidelines.

1. The bilateral agreement has enabled China and South Korea an increase in trade and an increase in trade deficit for the United States; what are the advantages and disadvantages for the United States to continue these relationships with the bi-lateral agreements?

2. With regards to the various agreements/treaties discussed, EU, WTO, NAFTA, CARICOM, APEC, MERCOSUR and ASEAN:

Discuss any pending applications, candidate countries, or associate members.

What are the advantages/implications for trade within the trading group and for the United States?

Determine the GDP and GNP of those pending countries.

Based upon your assessment, do you think these countries should become full members of the FTAs they have applied to? Why, or why not?

Answer 1

As presenting an assessment of assignment that you must to work with all aspects of as shown below Using at least your textbook and a minimum of 3 additional sources, answer the subsequent questions. Your paper must be at least 3 pages in length, excluding title and reference pages. Follow APA style guidelines. 1. The bilateral agreement has enabled China and South Korea enhances in trade and a boost in trade deficit for the United States; what are the benefits and drawbacks for the United States to continue such relationships through the bi-lateral agreements?