Organizations

Organizations

October 31, 2011

**U.S. Department of Commerce:**



The U.S. Department of Commerce is trying to attract more business into the U.S. economic environment. This would provide more opportunities and different productions available to the people. The U.S. Chamber of Commerce also regulate trade agreements and alliances between different countries and the United States. The Chamber is there to protect the business owner and workers and make sure that their natural rights are maintained and are given at all times.


 * What is the ITA under the Dept of Commerce? **



The ITA is the International Trade Administration. The ITA's goal is to build a strong economic system for the U.S. with the alliance of other countries along with it. International trade law regulates the global exchange of goods and services.

**CAFTA:**

CAFTA is Central America Free Trade agreement. In 2004, The Dominican Republic was added into the trade agreement. This agreement allowed countries such as Guatemala, Costa Rica, El Salvador, Nicaragua, Honduras, and the Dominican Republic.


 * NAFTA: **

NAFTA is the North American Free Trade Agreement. It was signed by Canada, North America, and Mexico. This agreement allows the 3 countries to trade within each others boarders without excess taxes and tariffs on the product or businesses.

**WTO:**



WTO stands for the World Trade Organization. The organization deals with regulation of trade between participating countries. It provides a standardized framework for negotiating and formalizing trade agreements between the participating countries. There are 153 members of the WTO.


 * ASEAN: **



ASEAN is the Associations of Southeast Asian Nations. The purpose of ASEAN is to accelerate the economic growth, social progress and cultural development in the regions. They also want to provide a stable economic system for the Asian countries. These countries include; Brunei Darussalam, Vietnam, Singapore, Malaysia, Cambodia, Indonesia, Laos, Thailand, Philippines, and Myanmar.


 * NATO: **



North Atlantic Trading Organization involves the military alliance between Europe and the United States of America. The organization is promising collective defense and it include 26 different countries.