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The Dutch East India Company
HISTORY OF THE DUTCH EAST INDIA COMPANY - THE ASIAN PART-The Dutch East India Company which is often considered the first multinational corporation in the world.
- VOC sent almost a million European to work in the Asia Trade, and netted more than 2.5 million tons of Asian Trade goods.
- I believe that sending the European to work in Asia was a good idea because it would create a good ralationship between the two countries. -
Cobden-Chevalier Treaty
Cobden–Chevalier Treaty- Cobden-Chevalier Treaty was signed between the United Kingdom and France.
- It was named after The Main British and French originators of the treaty, Richard Cobden and Michel Chevalier.
-Reduced the duties on most British manufactured goods not above 30% and reduced British duties on French wines and brandy.
- I believe this is a good way to create a greater bond between the United Kingdom and France and also expand to the other countries. -
General Agreement on Tariffs and Trade (GATT)
General Agreement On Tariffs And Trade - GATT-General Agreement on Tariffs and Trade (GATT) was a multilateral agreement regulating international trade.
-Purpose: Was to reduce tariffs and other trade barriers, on a mutually advantageous basis.
- I believe that that it is important to avoid having barriers with other company's and be fair to all to avoid conflicts between countires. -
European Free Trade Association
European Free Trade Association- European Free Trade Association (EFTA) was created maily to create economy problems in the world.
- Aim: To establish free trade members and to seek a better broading economic union with rest of Western Union.
- I believe this is a good way by letting the European countries to expand their business and also create a better bond with other Euro Countries. -
Embargo on oil exports to nation allied with Israel
Oil Embargo, 1973–1974- In October 1973 the Oil Crisis began when the members of the Organization of Arab Petroleum Exporting Countries (OAPEC) proclaimed and oil embargo.
-In March 1974,the price of oil had risen from $3 per barrel to nearly $12.
-Due to the crisis it had mant short and long-term effects on global politic and the global economy.
-I believe that it is important to stabilize and control the oil prices globally because if the oil prices are high other countries might demand for less oil. -
OPEC raises Saudi light crude export price
OPEC-OPEC is an organization to controls the petroluem policies of its members and often function by cartel to support the price of petrol.
-Saudi been cartel by OPEC with their oil raises from $2.9 to $5.11 a barrel.
- I believe that by trading globally it does not only help a a company make profit but there are times when a company could be at a loss so the others countries should help one another. -
North American Free Trade Agreement (NAFTA)
North American Free Trade Agreement (NAFTA)- An agreement was signed by Canada, Mexico and the United States to create a trilateral rules -based trade bloc in North America.
- I believe that that it is important to avoid having barriers with other company's and be fair to all to avoid conflicts between countires. -
World Trade Organization (WTO)
World Trade Organization - WTO-The World Trade Organization (WTO) is an organization that intends to supervise and liberalize international trade.
-Officially commenced on 1 January 1995.
-The organization deals with regulation of trade between participating countries.
-I believe that each country should help one another to help the world control the market and economy. -
12 Countries of European Union Launch EuroZone
Euro Introduced-This is organization is formed to help the European Union members that have adopted the euro$ as their common currency and sole legal tender.
-I believe that trades of each company should always keep track of their market price as well as control the currency to ensure nothing will cause the currency to fall badly. -
ASEAN–China Free Trade Area
Association of Southeast Asian Nations-China–ASEAN Free Trade Area is a free trade area among the ten member states of the Association of Southeast Asian Nations (ASEAN) and the People's Republic of China.
-agreement was signed on 4 November 2002 in Phnom Penh, Cambodia.
-I believe this is a good way to create a greater bond between the other countries to work globally.
-I believe that
-The ASEAN–China Free Trade Area is the largest free trade area in terms of population and third largest in terms of nominal GDP.
- I believe that
