Neoliberalism Case Studies

Question 1

World Trade Organization (WTO) - 3

Answer 1

Member States: 160 UN member states
Key Policies and Issues:
1. Regulates trade between countries
2. Solves trade disputes between countries
3. Encourages free trade

Question 2

European Union (focus on economics) - 3

Answer 2

Member States: 27 countries in Europe
Key Policies and Issues:
1. Free trade between countries
2. Common currency: most EU members use the Euro
3. Aid economies of struggling countries

Question 3

Mercosur - 2

Answer 3

Member States: Argentina, Brazil, Uruguay, Paraguay
Key Policies and Issues:
1. Free trade between member countries
2. Ability to work in any other member country

Question 4

North American Free Trade Agreement (NAFTA)

Answer 4

Member States: United States, Canada, Mexico
Key Policies and Issues:
1. Free trade between member countries
2. Concern over manufacturing / secondary sector jobs leaving US for Mexico