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Export processing zone: a zone offering favorable tax, labor, and lax regulation to entice foreign corporations.

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Presentation on theme: "Export processing zone: a zone offering favorable tax, labor, and lax regulation to entice foreign corporations."— Presentation transcript:

1 Export processing zone: a zone offering favorable tax, labor, and lax regulation to entice foreign corporations.

2 Special economic zones

3 Shenzhen, China before

4 Shenzhen, China after

5 Islands of development such as Shenzhen create unequal wealth.

6 Maquiladora

7 NAFTA removes trade barriers such as tariffs between Mexico, US, and Canada, if effect making Mexico one large Maquiladora.

8 What are some differences between NAFTA and EU?

9 Trade has grown since NAFTA

10 Analyze benefits and costs to both Mexico and US as a result of NAFTA.

11

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13 Although the Union Carbide factory in Bhopal has long since shuttered, the site has not been properly cleaned or dismantled; toxic chemicals continue to leak into the population’s water supply. The Indian government estimates that the Bhopal disaster has been responsible for as many as 15,000 deaths to date.


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