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FTAA

 

            The FTAA, currently being negotiated by 34 countries of the Americas, is intended to be quite possibly the most far-reaching trade agreement in history. The FTAA stands for the Free Trade Area of the Americas, a name given to the process of expanding the North American Free Trade Agreement (NAFTA) to all the other countries of the Western Hemisphere except Cuba. With a population of 800 million and a combined GDP of $11 trillion (US), the FTAA would be the largest free trade zone in the world. If signed, the FTAA will be the most far-reaching free trade agreement in the world, with a force of magnitude that will reach into every area of life for the citizens of the Americas. However, the proposed FTAA would also give corporations new "rights" to challenge and compete for every publicly funded service now provided by governments - from health care and education to social security, culture and environmental protection. If adopted, it could remove the ability of every government to create or maintain laws and regulations protecting the health, safety and well-being of their citizens and the environment they share. Worse, the FTAA would become the model for future world trade agreements, eventually rendering health, environmental and other laws around the world secondary to those of international trade. For these reasons and more to be discussed in this essay, Canada should not embrace the FTAA since the benefits of free trade clearly do not outweigh the costs. .
             The goal of the FTAA is to impose the failed NAFTA model of increased privatization and deregulation hemisphere-wide. Imposition of these rules would empower corporations to deter governments from setting standards for public health and safety, to safeguard their workers, and to ensure corporations do not pollute the communities in which they operate. They would also handcuff governments' public interest policymaking and enhance corporate control at the expense of citizens throughout the Americas.


Essays Related to FTAA

1. Nafta

NAFTA's objectives have now translated into the objectives of the FTAA. The FTAA how ever is not just an expansion of the NAFTA. ... The FTAA has received heavy criticism, primarily from Anti-Globalization activists who believe that not only should the FTAA be stopped but also the NAFTA repealed. ... If the FTAA forces utility privatization, the cost of living in Canada could be drastically increased. The FTAA is expected to force the privatization of education, health care and water. ...

  • Word Count: 553
  • Approx Pages: 2
  • Grade Level: Undergraduate

2. Globalization Is Not Effective For The US

With FTAA looking to be an expansion of NAFTA, people should educate themselves on the world after NAFTA. Since corporations now are able to "move high-paying jobs to countries with lower wages and bust unionization drives with threats to transfer production abroad" ("Top Ten Reasons to Oppose the FTAA", p.1), "the race-to-the-bottom" will only accelerate under the FTAA. The passing of FTAA will now set the exploited workers of Mexico against even more desperate workers in countries such as Guatemala and Haiti. ... Even in Mexico, the number of citizens living in poverty has increased since NA...

  • Word Count: 1668
  • Approx Pages: 7
  • Has Bibliography
  • Grade Level: High School

3. Latin America

Also, there is a plan to establish the FTAA (Free Trade Area of the Americas) founded on the functioning of NAFTA and comprising 34 other nations. The FTAA would eliminate trade and investment barriers on virtually all goods and services trades by member countries, reducing prices for consumers and creating new markets for producers throughout the continent. ...

  • Word Count: 1172
  • Approx Pages: 5
  • Grade Level: Graduate

4. Brazil

The purpose of this paper is to discuss the geographical concepts of Brazil such as the culture, history and its importance, language, trade, etc and how they compare to those of the United States. Brazil is the largest and most populous country in Latin America, and has the support of a vast wealth of natural resources. The country has a rich heritage and is considered by its people to have character of both the South American and European cultures. Portuguese explorers arrived in South America in the late fifth-tenth century, and Pedro Alvares Cabral claimed Brazil in the name of Portu...

  • Word Count: 3464
  • Approx Pages: 14
  • Has Bibliography
  • Grade Level: High School

5. ECLAC

The Economic Commission for Latin American (ECLA) was established and commenced operations in 1948. In 1984, ECLA expanded the scope of its work to include the region of the Caribbean and the organization's name was changed to the Economic Commission for Latin America and the Caribbean (ECLAC). ECLAC is one of the five regional commissions of the United Nations (UN) and includes 41 member states. It receives annual funding from the UN regular budget of approximately $35 million. The United States is a full member with voting privileges and provides 22 percent of the UN regular budget. ...

  • Word Count: 1742
  • Approx Pages: 7
  • Has Bibliography
  • Grade Level: Undergraduate

6. The United States of America

The United States welcome many internationally owned businesses and they are a part of many of the worlds trading organizations, such as: COCOM (Coordinating Committee for Multilateral Export Controls), NAFTA (North American Free Trade Agreement), and WTO (World Trade Organization and the FTAA (Free Trade Area of the Americas) Major Exports and Major Trading Partners: Every year the United States exports approximately 687 billion dollars worth of products. ...

  • Word Count: 2129
  • Approx Pages: 9
  • Grade Level: High School

7. NAFTA And Its Benefits

On June 12, 1991, the trade ministers of Canada, Mexico, and the United States met in Toronto, Canada to open negotiations for the North American Free Trade Agreement (NAFTA). It was an agreement between the three countries that would gradually remove all tariffs and other trade barriers on most goods produced and sold in North America. If successful, the agreement promised to make the whole North American continent into one economic zone. A little more than a year later, the three trade ministers met again in Washington, to put the finishing touches on the agreement. In just over a year the ...

  • Word Count: 1984
  • Approx Pages: 8
  • Has Bibliography

8. The Resurgence Of Mid-Latitude Attitudes

"The Resurgence of Mid-Latitude Attitudes- A Critical Look at Neo-Liberalism and The Opposition to Contemporary Colonialism in Latin America Executive Summary: During the colonial period of Latin America there was a reliance on the economic prosperity of the settlements in the Caribbean and South America by countries of Europe. These areas relied upon exportation of the vast resources found and cultivated. Prior to the 17th century, each country had its own colonies and benefited from its holdings. An economist named Adam Smith argued for the idea of liberalism. This ideology would br...

  • Word Count: 3530
  • Approx Pages: 14
  • Has Bibliography
  • Grade Level: Undergraduate