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234.国际贸易
The interntional economic environment will be shaped by the interaction between govenments and global corporations.
A significant factor in the shifting world economy is the trend toward regional trading biocs of nations.
2 examples: 1/ FTA-- US vs Canada
2/ Europe 1992
However,
Protectionism within the EC was not a major consideration.
While in FTA, the main reason for the initiative was fear of US's protectionism.
Nonetheless, both initiatives are significant and provoke questions about the future world trading system.
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