View previous attempt 7 How Trade Agreements and Organizatio

View previous attempt 7 How Trade Agreements and Organizations Impact You 14.28 Assume that you are working for a manufecturing company in the United States thet hopes to sell its products throughout the eBock world. You will likely encounter unique situations in different parts of the world that will be impacted by major trade agreements and organizations. By understanding which trade agreements and organizations impact your marketing entronment in different countries, you will increase your chances for marketing success. Pret References International trade agreements, monetary unions, and organizations can impact substantially the environment in which a firm operates. They can affect how easy it is for firms to enter a foreign market, what the currency exchange rate is between countries, end even what competition firms will encounter in the domestic market. Trade agreements and monetary unions facilitate the exchange of money and products across borders Match the appropriate trade agreement or organization to the marketing siltuation that would be impacted by it

Solution

1:NAFTA

(NAFTA was set up to remove barriers of trade between United States, Canada and Mexico )

2:World Trade Organization

(WTO facilitates smooth global trade)

3: DR CAFTA

(DR CAFTA was set up to remove barriers of trade between the countries of Central America, the Dominican Republic, and the United States. Guatemala is in Central America)

4: IMF

( The International Monetary Fund helps in keeping global exchange rates stable)

5: European Union

(It helps in removing barriers of trade between European countries)