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A major historical debate in co-operative economics has been between co-operative federalism and co-operative individualism. In an Owenite village of cooperation or a commune, the residents would be both the producers and consumers of its products. However, for co-operative enterprise other than communes, the producers and consumers of its ...
Cooperative bargaining is a process in which two people decide how to share a surplus that they can jointly generate. In many cases, the surplus created by the two players can be shared in many ways, forcing the players to negotiate which division of payoffs to choose.
The United States and Canada historically have had various forms of mutual economic cooperation. They signed the Canada-United States Free Trade Agreement effective January 1, 1989, which eliminated all tariffs on bilateral trade by January 1, 1998. In February 1991, Mexico approached the United States to establish a free trade agreement.
Economic Partnership Agreements (EPAs) are a scheme to create a free trade area (FTA) between the European Union and other countries. They are a response to continuing criticism that the non-reciprocal and discriminating preferential trade agreements offered by the EU are incompatible with WTO rules.
Organization of the Black Sea Economic Cooperation; Economic Cooperation Organization Trade Agreement; Albania (May 1, 2008) Azerbaijan (February 25, 2020) Bosnia-Herzegovina (July 1, 2003) Chile (March 1, 2011) Egypt (March 1, 2007) Faroe Islands (October 1, 2017) Georgia (November 1, 2008) Israel (May 1, 1997) Kosovo (September 1, 2019 ...
A comprehensive economic partnership agreement (CEPA) or comprehensive economic cooperation agreement (CECA) is a free trade agreement between two countries and may specifically refer to: Armenia-EU Comprehensive and Enhanced Partnership Agreement; Australia–India Comprehensive Economic Cooperation Agreement
According to mainstream economics theory, the selective application of free trade agreements to some countries and tariffs on others can lead to economic inefficiency through the process of trade diversion. It is efficient for a good to be produced by the country which is the lowest cost producer, but this does not always take place if a high ...
Increasing efficiency and economic gains through free trade is a common goal. The anti-globalization movement opposes trade agreements almost by definition, although some groups normally allied within that movement, such as leftist parties, might support fair trade or safe trade provisions that moderate real and perceived ill effects of ...