The evolution of the economic integration

  • World Economic crisis.

    World Economic crisis.
    The system of the International Free Trade model falls.
  • Britain removes the gold standard as its means of payment and approves the law of import duties and creates the law of reciprocal trade agreements and begins the trade policy based on bilateral negotiations

  • 1939

    1939
    Second World War
  • European Organization for Economic Cooperation (OECD)

    European Organization for Economic Cooperation (OECD)
    It conforms after World War II, with 16 countries to access resources facilitated by USA.
  • World Bank

    World Bank
    The main objective was to rebuild Europe after the Second World War and to reduce poverty rates worldwide. At present it is constituted by 187 member countries.
  • International Monetary Fund

    International Monetary Fund
    Its objective is to contribute to stimulating the good functioning of the world economy. Is the central institution of the international monetary system, international payments and exchange rates of national currencies that allows economic activity between countries.
  • General Agreement on Tariffs and Trade (GATT)

    General Agreement on Tariffs and Trade (GATT)
    Its objective of establishing rules for world trade became the only existing multilateral agreement for the free movement of products for import and export between the countries belonging to that agreement. In 1995 it was replaced by the WTO.
  • Nordic Council

    Nordic Council
    (Headquarters in Stockholm).
    Its role is economic, social and cultural cooperation.
  • MCCA

    MCCA
    (headquarters in Guatemala)
    The Central American Common Market members are 5 countries: Costa Rica, Guatemala, Honduras, Nicaragua and El Salvador.
  • ASEAN

    ASEAN
    In the Asian continent, the presence of the Association of South Nations stands out. Among its basic objectives is to promote freer trade among its countries and to achieve cooperation in its industrial policies.
  • Andean Community of Nations (CAN)

    Andean Community of Nations (CAN)
    The Andean integration process began with the signing of this agreement. Regional organization of four countries that have a common goal: to achieve integral, more balanced and autonomous development through Andean integration.
  • CARICOM

    CARICOM
    This is called the Caribbean Community, whose objective is the establishment of a limited common market regime, since the book is not expected to flow people and capital.
  • Rio Group

    Rio Group
    It has above all a political vocation. It is a permanent mechanism for consultation and political consultation, and increasingly economic.
  • ASIA PACIFIC ECONOMIC COOPERATION MECHANISM

    ASIA PACIFIC ECONOMIC COOPERATION MECHANISM
    Promotes multilateral economic cooperation in trade and investment matters.
  • Southern Common Market (Mercosur in spanish)

    Southern Common Market  (Mercosur in spanish)
    Initially established by Argentina, Brazil, Paraguay and Uruguay. Main objective is to foster a common space that will generate commercial and investment opportunities through the competitive integration of national economies into the international market.
  • European Union

    European Union
    It is a political community of law constituted under the sui generis system of international organization born to foster and welcome the integration and common governance of the States and peoples of Europe.
  • North American Free Trade Agreement (NAFTA)

    North American Free Trade Agreement (NAFTA)
    Its objective is to create a free trade zone, with a reduced cost for the exchange of goods between the three countries. Canada, United States and Mexico
  • World Trade Organization (WTO)

    World Trade Organization (WTO)
    International organization dealing with the rules governing trade between countries.
  • Andean Community.

    Andean Community.
    With this name has been relaunched the Andean Pact, created in 1969 by the agreement of Cartagena de Indias. Its objectives are the tariff union and the coordination of economic policies.
  • CAFTA Dominican Republic Central America Free Trade Agreement

    CAFTA Dominican Republic Central America Free Trade Agreement
    It is a treaty that seeks the creation of a free trade zone between the signatory countries. It makes permanent the benefits for the 80% of Central American products provided by the Caribbean Basin Initiative (CCI), covering a commercial volume of thirty billion dollars.