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Trade Barriers in North, Central and South America

International

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Description

Economists generally agree that trade barriers are detrimental and decrease overall economic efficiency, this can be explained by the theory of comparative advantage. In theory, free trade involves the removal of all such barriers, except perhaps those considered necessary for health or national security. In practice, however, even those countries promoting free trade heavily subsidize certain industries, such as agriculture and steel. Examples of free trade areas are: North American Free Trade Agreement (NAFTA), South Asia Free Trade Agreement(SAFTA), European Free Trade Association, European Union (EU), Union of South American Nations. Other trade barriers include differences in culture, customs, traditions, laws, language and currency. This new book which is based on information from the The Office of the United States Trade Representative (USTR)

Product Specifications

Format: hardcover
ASIN: 1600219586
Category: Books > Subjects > Business, Finance & Law > Accounting > International
Domain: Amazon UK
Release Date: 01 January 2008
Listed Since: 03 September 2007

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Trade Barriers in North, Central and South America

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