Phase 3ip-As a business owner, you need to approach

Phase 3ip 1000 to 1200 words
As a business owner, you need to approach the issue of globalization and trade in context. With all the complicated tariff and nontariff trade policies, organizations, and government involvement, the important question to ask is why the United States maintains certain economic policies.
Consider the following questions:
·         Research where you would find the U.S. international trade policies and their history as they apply to various industries.
o    Chose two industries, and focus on those.
·         Do the economic trade policies today help or hurt business owners and laborers?
o    Is the automobile industry protected?
o    Is it considered an infant industry?
o    What tariff policy is in place for automobile manufacturers?
o    What type of administered protection is in place, if any?
o    Compare the automobile industry to the two industries you chose to research.
·         How could the state or local representative help or hurt a business owner in the era of globalization?
·         How did the policies for manufacturers of automobiles evolve? For example, what influences do the following organizations have on business owners, and what is their history?
o    The World Bank
o    The IMF
o    GATT
o    The European Union
o    NAFTA
o    The Doha Round
·         Does NAFTA affect the automobile industry's decisions on what to do with labor costs? Capital costs? If so, how? Was this trade agreement good for the United States from an economic standpoint? Was it good for Mexico from and economic standpoint?
This is how my teacher want it to be formatted
ECON 310
Phase 3 IP Assignment
The assignment posted on the CTUO site for the Phase 3 IP is very broad. If you answer all of the questions in the original assignment, the result could be a long but shallow report. I would instead like you to study the formation and implication of the following four most important trade agreements of recent history:
1.      GATT
2.      The European Union
3.      NAFTA
4.      The Doha Round
Research each of these organizations/agreements. Then, write a paper describing each of these agreements in detail – specifically, their formation, significance and impact on trade among the partners and with regards to the rest of the world. End your description of each by telling me (in your opinion), has the organization/agreement resulted in trade creation or trade diversion (and why).
This is all that you need to do for your Phase 3 IP; however, note that these organizations/agreements are significant and it will take you some time to learn about them and good organizations skill to summarize in a paper.

Phase 3 IP Assignment
“Your Name”
GATT:
Three to four paragraphs as described in paragraph 2 above
The European Union:
Three to four paragraphs as described in paragraph 2 above
NAFTA:
Three to four paragraphs as described in paragraph 2 above
The Doha Round:
Three to four paragraphs as described in paragraph 2 above