Photo Essay

Sarah Bourne

The UN is a international organization that replaced the League of Nations and main pursuit is to create world peace. The United Nations Organization is considered a world wide government.

The United Nations

The NAFTA agreement brought together USA, Canada and Mexico to into a trade agreement that included no Tariffs in the continent. The Picture has Uncle Sam who is a American symbol, a Mountie from Canada and a Mexican who all has there share of the merchandise.

North American Free Trade Agreement

CAFTA is a treaty under international law. It encompasses the United States, El Salvador, Costa Rica, Guatemala, Honduras, Nicaragua and the Dominican Republic into a Free Trade Agreement. It includes tariffs being eliminated on 80% of American supplies and duty free trading.

Central America Free Trade Agreement

The ITCU is the worlds largest trade union federation. It represents 175 million workers in 155 different countries. Their main mission is the promotion and defence of workers rights and interests all throughout the world. It makes sure there is no discrimination and that there is no labour laws broken throughout the world, even though many still are.

International Trade Union Confederation

The EU has 27 member countries which are all primarily located in Europe. It ensures that there is a free movement of goods, services, people and capital throughout all of the EU members. In the European Union there is a government council that is elected every five years and they have a separate set of laws for those who are in the EU.

European Union

It’s a international financing agency that provides loans to struggling countries. The goal of the organization is to reduce worldwide poverty and contains 187 countries. Its main headquarters is in Washington DC because America is the largest shareholder in the bank even though it operates throughout the entire world, saving countries and nations from poverty.

World Bank

The IMF is a intergovernmental organization that stabilizes exchange rates and liberalizes economic policies in other counties as conditions for loans, aid and restructuring. It also gives loans to poorer countries and is part of the World Bank.

International Monetary Fund

The ITO is part of the world bank and international monetary fund. This organization set up the basic rules and law for international trade and other international and economic matters. The ITO was replaced by GATT.

International Trade Organization

The GATT replaced the international trade organization and was later replaced by the World Trade Organization. GATT was a set or trading rules agreed upon among member nations. The GATT creative selective trading which caused nationalism among nations which is why the WTO replaced it.

General Agreement on Tariffs and Trade

The WTO supervises and liberalizes trade between nations. It provides framework for negotiating and formalizing trade between nations. It has 153 members and represents more then 97% or total world trade.

World Trade Organization