Kunz_Garner_Ch10_Compatibility_Mode_

Kunz_Garner_Ch10_Compatibility_Mode_ - Objectives Chapter...

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11/5/2011 1 Chapter 10 The Americas and the Caribbean Basin Objectives Examine the evolution of economic and political organization in the Americas Examine the roles of producing and consuming countries, areas of expertise, 2 and specialization Explore industrial development and trade regulations in the different sectors Discuss major participating countries in the textile and apparel business Introduction North America, Middle America, and South America North America, Central America, the West Indies, and South America North American and Latin America All three are different descriptions of the 3 combinations of areas that make up the Americas Americas span the globe vertically, from north to south Introduction The terms America and the Americas , as used in this text, refer to the 4 combination of North, Middle, and South America Western Hemisphere = North America, Central America, West Indies, and South America Political and Economic Overview 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 5 Efforts to Unify the Americas Pan-American Union created in 1910 with the purpose of closer economic, cultural, and political relations Forty years later, the ninth Pan- 6 American Conference created the Organization of American States (OAS) The Pan-American Union held the First Summit of the Americas in 1994
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11/5/2011 2 Efforts to Unify the Americas A Free Trade Area of the Americas (FTAA) was the most comprehensive free trade agreement ever proposed for this region 7 North Americans see FTAA as an extension of NAFTA, and South Americans see FTAA as an extension of Mercosur (Southern South American Common Market) 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 10 The difference between Organization of American States (OAS) is from the European Union (EU). OAS OAS is spread over two continents and many islands OAS made no effort to have a common currency EU The nations, so far, are all on the same continent, mainly contiguous to each other have a common currency and little effort toward a common political system. EU’s goals included a common currency 12 OAS and the EU are simila r in that they both foster free trade throughout their zones and both organizations encourage monitoring of human rights and strengthening security.
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11/5/2011 3 Economic and Industrial Standing of Selected American Countries Canada has largest geographic size; the United States has the largest population Economic and industrial dominance of the United States carries both an advantage and a responsibility Only the U.S. and Canada are
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