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• Yeimy Lorena Amaya Cruz

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• Libre comercio
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1. Todo, el resumen (en inglés, con base en los artículos seleccionados) 2. La grabación del resumen. 3. Las ventajas y desventajas del tratado de libre comercio, en INGLÉS. Free Trade Agreement between Colombia and the United States Links (referencias de donde se deducen las ventajas y las desventajas) 1. https://www.thebalance.com/free-trade-agreement-pros-and-cons3305845 2. http://www.economicsdiscussion.net/trade/free-trade/free-tradeadvantages-and-disadvantages-economics/26222 3. https://corporatefinanceinstitute.com/resources/knowledge/economic s/free-trade-area/ Advantages Disadvantages  Increased economic  Increased job growtf dutsourcing  More dynamic business  Theft of intellectual climate poperty  Lower government  Crowd out domestic spending industries  Foreign direct investment  Poor working conditions  Expertise  Degradation of natural  Technology transfer  Destruction of native  International cultures specialization  Reduced tax revence  Increase in world  Excessive dependence production and world  Obstancles to the consumption development of home  Safeguard against the industries advent of monopolies  Empire – Builder  Links with other countries  Import of expensiva  Higher earnings of the harmful goods factors of production

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Benefits to consumers Euil effects of protection Increased efficiency Specialization of countries Lowered prices Increased veriety

 Threat to intellectual property  Unhealthy working conditions  Less tax revence

SUMMARY

Free Trade Agreements With Their Pros and Cons Pros: increased economic growth, lower government spending and techonoly transfer Cons: increased job outsourcing, por working conditions, degradation of natural resources. Are treaties thet tariffs, taxes and duties that countries impose on their imports and exports. Envioromental safeguards can be prevent in the destruction of natural resources and cultures. Labor laws can prevent poor working conditions. The world trade organizational is enforces free trade agreement regulations.

Free trade causes international specialization, since it allows different countries to produce those goods in which they have comparative advantages and specialization. Consumers in different countries obtain foreign products of better quality at low prices. Each country imposes some restrictions on the import and export of the country's broadest interest.

A free trade area (FTA) refers to a specific region wherein a group of countries within the said region signs an agreement that seals the cooperation among them. The FTA’s main aims

are to bring down barriers in trading, specifically tariffs and import quotas, and encourage the free trade of goods and services among its member countries.

Import goods are products that were manufactured from a foreign land and are brought into another country and consumed by its domestic residents.

Export goods are the opposite of import goods wherein the manufacturer is one country who brings its products to another country to sell them.

AUDIO DEL RESUMEN

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INTEGRANTE YEIMY LORENA AMAYA CRUZ