Modern International Institutions Unit 17.4

Regional and World Trade Organizations Free-Trade Zones De-nationalized industrial and corporate parks Customs Unions Agreement between multiple nations on trade issues The European Union Euro NAFTA North American Free Trade Agreement OPEC Cartel World Trade Organization GATT Not in your Book World Bank International Monetary Fund

Regional and World Trade Organizations

Multinationals Bring Changes to International Trade International Trade Within Multinationals Trades within corporations account for about 40% of all imports to the US In 1969 there were 7,200 multinationals By 2000, there were 63,000 multinationals