PART III Trading Partners The Americas and the Caribbean Basin - - PowerPoint PPT Presentation

PART III

Trading Partners

CHAPTER 10

The Americas and the Caribbean Basin

THE US AND WARS

 List of wars involving the United States

http://en.wikipedia.org/wiki/List_of_wars_invol ving_the_United_States

 America’s wars: U.S. Casualities and Veterans

http://www.infoplease.com/ipa/A0004615.html

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THE US DEFENSE BUDGET

 Too much on defense budget?

http://www.slate.com/articles/technology/ameri can_prosperity_consensus/2013/10/american_ prosperity_consensus_is_excessive_defense_spe nding_the_most_important.html

 Safely cut our defense budget?

http://www.usnews.com/opinion/blogs/economi c-intelligence/2012/06/21/how-to-safely-cut-us- defense-spending

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WHY DO WE GO TO WAR?

 World Peace  Intervention in a conflict  Should we continue to be involved?

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ARMS INDUSTRY & WAR BUSINESS

 Worlds’ largest defense budget – do you think

we really need to put this money into defense budget?

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ARM EXPORTERS & IMPORTERS

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OBJECTIVES

Examine the evolution of economic and political

• rganization in the Americas

Examine the roles of producing and consuming countries,

areas of expertise, and specialization

Explore industrial development and trade regulations in

the different sectors

Discuss major participating countries in the textile and

apparel business

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INTRODUCTION

North, Central, and South America span the globe vertically, from north to south The technology for spinning and weaving machines developed in Europe migrated to

the early colonies through industrial espionage

The influences of European, Asian and African cultures are reflected in different

sectors throughout the Americas and in the textiles and apparel found here

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POLITICAL AND ECONOMIC OVERVIEW

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The terms America and the Americas, as used in this text, refer to the combination of North, Middle, and South America Western Hemisphere = North America, Central America, West Indies, and South America

EFFORTS TO UNIFY THE AMERICAS

Pa

Pan-Ameri American can Unio Union n created in 1910 with the purpose of closer economic, cultural, and political relations

Forty years later, the ninth

Pan-American Conference created the Org rganiz anization tion of Ame meric rican an St States es (O (OAS) S)

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EFFORTS TO UNIFY THE AMERICAS

A Free

ee Trade ade Ar Area ea of th the e Am Amer ericas icas (F (FTAA) AA) was the most comprehensive free trade agreement ever proposed for this region

North Americans see FTAA as an extension of

NAFTA, and South Americans see FTAA as an extension of Me Mercos cosur ur (S (Southern

• uthern South

uth Ame merican rican Common mmon Ma Mark rket) t)

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CULTURAL DIVERSITY IN THE AMERICAS

The OAS has four official languages:

English, Spanish, Portuguese, and French

Roots of ideas, customs, and skills

are based in sources of these languages

Cultural values cannot be judged as

right or wrong, only as different

North America is often described as

progressive while Latin America is seen as traditional

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ECONOMIC AND INDUSTRIAL STANDING OF SELECTED AMERICAN COUNTRIES

Canada has largest geographic size;

the United States has the largest population

Economic and industrial dominance

• f the United States carries both an

advantage and a responsibility

Only the U.S. and Canada are

considered developed countries; most countries in region are considered developing countries

Inflation rates range from -0.7

percent, in United States, to 8.6 percent, in Jamaica

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TRENDS IN TEXTILE AND APPAREL TRADE IN THE AMERICAS

Dominance of the United States, Canada, and

Mexico in the textile and apparel trade in the Americas

Many U.S. apparel brands sold around the world;

few garments actually produced in the United States

The force of China is likely to have decreased

Caribbean Basin apparel exports since 2008

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