1. Trading in the Caribbean April 9, 2015 American &
Caribbean Basin Alexis Daniels, Maya Johnson, and Courtney
Phillips
2. Abstract The region of North America, Central America, /the
West Indies, and South America are much dependent on the continent
with the most opportunity, and considerable amount of debt. This
trading block is considerably substantial because of the North
American Free Trade Agreement (NAFTA). This trade agreement allows
those countries dependent on the United States, especially those
solely dependent on the United States, to reap the benefits from
the US and of the other two countries that are a part of this
agreement. With this dependency, these countries have economies and
industrial development of very young countries. All regions are
also well involved with trading whether it be with their
neighboring countries or others farther off. Central America has a
free trade agreement with the United States put in place almost ten
years ago. However South America has been much less receptive to
making or even attempting to make bilateral trade agreements with
the United States. North America (United States) itself is open to
new trading partners that reach their standards. While, they
participate in free trade with some countries under an agreement,
others have tariffs and quotas placed on them. From these deeply
cultural regions cotton, denim, wool from animals such as alpacas
and sheep, hemp and others are produced and exported. They also
still stick to some traditions such as hand weaving and looming as
their technology for making the garments. From very traditional
styles of retailing such as markets to more advanced styles that
are seen in America the nature of the retailing systems varies from
continent to continent. Wholesale is mostly imported.
3. Annotated Bibliography Global Economic Prospects. (2015,
January 1). Retrieved April 8, 2015, from
http://www.worldbank.org/en/publication/global-economic-prospects/regional-outlooks/lac.
This source was used to provide information of the development in
Central and Latin America. There was information on the present
statistics of these countries as well as prediction of where this
region will be will be in development. I used this source to
identify and understand economic development and trade facts about
this region. North America Flexes its Industrial Muscle. (2012,
January 1). Retrieved April 8, 2015, from
http://www.accenture.com/us-en/outlook/Pages/outlook-journal-2012-north-america-flexes-
industrial-muscle.aspx. This source provide allowed me to
understand the commonality of the lost money trend. There are
trends in if North America loses money it affects those who are
trading with them. Specifically, it affects Central America because
they are very dependent on imports directly from the United States.
Dominican Republic-Central America-United States Free Trade
Agreement (2014 April, 4) Retrieved from
http://export.gov/FTA/cafta-dr/index.asp From this source I just
used information about the free trade agreement between Central
America and the U.S. I also found details about the agreement like
dates and tariff rules. Trade in South America: Pisco sour (2006
August, 24) Retrieved from http://www.economist.com/node/7835902
This source told me a lot about South America and their divided
trading issues. It told me about each sides views and alliances. It
also went a little into depth about their presidents and past
relations with other countries.
4. The World Fact book (2014 June, 22) Retrieved from
https://www.cia.gov/library/publications/the-world-factbook/geos/gt.html
From this source I navigated through the directed pages to
different countries to find out information about their imports and
exports. It also went in to depth about each countrys economy,
their people and society, government, and military. The
Caribbean(1997 September) Retrievedfrom
www.cbato.fas.usda.gov/cfm_summary.htm Thissource helpedme
findinformationaboutwholesale andretail systemsinthe Caribbean.It
was veryhelpful andgave
backgroundinformationaboutfoodprocessed/exportedandimportedform
there whichIrelatedbackto our presentation.