Small Business and Free Trade Agreements

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Information about Small Business and Free Trade Agreements

Published on March 8, 2016

Author: Livingstonintl

Source: slideshare.net

1. SMALL BUSINESS & FREE TRADE AGREEMENTS HOW ARE SMALL BUSINESSES TAKING ADVANTAGE OF GROWTH OPPORTUNITIES IN THE INTERNATIONAL MARKETPLACE? THERE ARE OVER 28 MILLION SMALL BUSINESSES IN THE U. S. THAT ARE LOOKING FOR WAYS TO GROW THEIR BUSINESS THROUGH NEW MARKET OPPORTUNITIES‘. SMALL BUSINESS MAKE UP 2 0.. O . I. I I ‘I -—v-" -fr’ 0 no Llifl C 3% El; gsmvzszzsaa : s,: :§ass: :,t 3a,5:§, :<. s5,t: T INTERNATIONAL MARKETS ARE BECOMING INCREASINGLY IMPORTANT FOR THE GROWTH OF SMALL FIRMS. ALREADY, SMALL TO MID-SIZE FIRMS ARE QUITE ACTIVE IN THE GLOBAL MARKETPLACE, WHICH DRIVES ECONOMIC AND JOB GROWTH. 98% OF ALL U. S. EXPORTERS AND 97% OF IMPORTERS HAVE LESS THAN 500 EMPLOYEES 3. THROUGH EXPORTING, SMES HAVE THE OPPORTUNITY TO GROW EVEN MORE: 67% OF THE WORLD’S PURCHASING POWER IS IN FOREIGN COUNTRIES 4. FREE TRADE AGREEMENTS (FTAS) LEVEL THE PLAYING FIELD BY LOWERING THE NATION'S TRADE BARRIERS, OPENING UP FOREIGN MARKETS TO U. S. EXPORTS AND SETTING STRONG. ENFORCEABLE RULES FOR TRADE. O , cQ ra To ‘~13 o9 20 COUNTRIES 14 FTAS $765 BILLION AS OF JANUARY 1, 2014, THE UNITED STATES HAD 14 FTAS IN FORCE WITH 20 COUNTRIES (AUSTRALIA, BAHRAIN, CHILE, COLOMBIA, DR-CAFTA (COSTA RICA, DOMINICAN REPUBLIC, EL SALVADOR, GUATEMALA, HONDURAS, & NICARAGUA), ISRAEL, JORDAN, KOREA. MOROCCO, NAFTA (CANADA & MEXICO), OMAN, PANAMA, PERU, AND SINGAPORE) ". IN 2014, 47 PERCENT OF U. S. GOODS EXPORTS WENT TO FTA PARTNER COUNTRIES. U. S. MERCHANDISE EXPORTS TO THE 20 FTA PARTNERS TOTALED $765 BILLION. THE UNITED STATES ALSO ENJOYED A TRADE SURPLUS IN MANUFACTURED GOODS WITH OUR FTA PARTNERS TOTALING $55 BILLION IN 2014 5. TO LEARN MORE ABOUT HOW YOUR SMALL BUSINESS CAN TAKE ADVANTAGE OF INTERNATIONAL FREE TRADE AGREEMENTS TO FUEL GROWTH, CONTACT THE SMALL BUSINESS EXPERTS AT LIVINGSTON TODAY! WRITE TO US AT: SIMPL| FY@L| V|NGSTON| NTL. COM OR GIVE US A CALL AT 1-800-837-1063. SOURCES 1. HTTPS: //WWW. SBA. GOV/ SITES/ DEFAULT/ FILES/ FAG MARCH 2014 O. PDF (2014) 2. HTTPSII/ WWW. SBA. GOV/ SITES/ DEFAULT/ FILES/ FAQ MARCH 2014 0.PDF(2014) 3. HTTR. /IWWWSBECOUNCILORG/ ABOUT-US/ FACTS-ANDDATAI (2011) 4 4. HTTFS: //WWW. SBA. GOVICONTENTIEXPLOREIEZO EXPORTING 5. HTTP: //WWW. TRADE. GOV/ FTN (2014) k p Trade 6. HTTP: //BUSINESSROUNDTAELE. ORG/ MEDIAINEWSRELEASES/ U.S. -TRADE-AND-TRADE-AGREEMENTS-ARE-AN-ENGINE-FOR-ECONOMIC-GROWTH (2014)

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