NAFTA, WTO, and Global Business Strategy: How AIDS, Trade, and Terrorism Affect Our Economic Future

NAFTA, WTO, and Global Business Strategy: How AIDS, Trade, and Terrorism Affect Our Economic Future

NAFTA, WTO, and Global Business Strategy: How AIDS, Trade, and Terrorism Affect Our Economic Future

NAFTA, WTO, and Global Business Strategy: How AIDS, Trade, and Terrorism Affect Our Economic Future

Synopsis

Condon examines how NAFTA, WTO, and global business affect the major issues of our time, such as AIDS, global security, and illegal immigration. NAFTA and WTO interact in ways that can make or break a company's strategy. Business strategists must consider the impact of today's rules and how future developments will affect them. However, this book is about more than just business. The globalization of law and business affects the lives of everyone.

Excerpt

Over the last few years, clashes between police and protesters have become fixtures at international meetings where government leaders gather to discuss political, legal and economic aspects of globalization, particularly trade agreements. Beginning with the World Trade Organization (WTO) meeting in Seattle in 1999, “globophobics” have gathered to protest efforts to achieve the integration of the global economy. In these battles, international trade agreements and global corporations are cast by their opponents as the enemies of humankind. What do these trade agreements contain? What is the strategy of global corporations? This book examines trade agreements in detail and their relation to global business strategy.

At the same time, the world has witnessed the onset of global environmental threats, the rapid spread of the AIDS epidemic, and the start of a global war on terrorism. None of these issues can be separated from the globalization of trade and business. This book examines these issues and shows how they interact with the North American Free Trade Agreement (NAFTA), WTO and global business strategy.

The World Trade Organization administers a variety of agreements, covering among other things trade in goods, trade in services, foreign investment, government procurement and intellectual property. Regional trade agreements, such as the North American Free Trade Agreement, interact with the global regime in ways that can make or break a firm’s business strategy. Moreover, regional trade agreements can offer clues as to the directions in which global agreements may be headed.

A firm’s strategy needs to take into account both the impact of today’s rules of international trade and investment and how progressive stages

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