English Language Course Lesson 10 Trade Thursday, 12th November

1
English Language CourseLesson 10 TradeThursday,
12th November

• Prof. Iulia Daniela Negru
• IULIADANIELA.NEGRU_at_econ.units.it

2
Key words

• WTO - World Trade Organization
• TRADE AGREEMENTS
• Trade barriers
• Free trade, open borders and deregulation
• Laissez-faire
• Protectionism, government intervention quotas,
  subsidies
• Produce
• Dumping lower prices compared to
• home prices
• LETTER OF CREDIT
• Shipping documents

3
Trading blocks - no barriers

• The EU
• NAFTA eliminates tariffs walls, customs duties
• ASEAN
• MERCOSUR

4
(No Transcript)
5
(No Transcript)
6
(No Transcript)
7
Bibliography

• Allison, J, Emerson, P 2007 The Business
  Intermediate, Oxford, Macmillan Education
• Tullis, G, Trappe T 2000 New Insights into
  Business. Harlow, Pearson Education Limited