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1. Benelux States:
The Benelux is a geopolitical and socioeconomic union of Belgium, Netherlands, and
Luxembourg within the larger European Community.
The Benelux Union refers to the political, cultural, and economic union of three Western
Europe states, namely Belgium, Netherlands, and Luxembourg. The name Benelux is
derived from the combination of the first two or three letters of the names of each of
these constituent states. The Benelux Union is one of the oldest economic unions in the
world. The union was established to promote cooperation and economic integration
within the member states.
2. East Asia: 1- Sri Lanka
1- China 2- Bangladesh
2- Mongolia
3- North Korea 3- India
4- South Korea
5- Japan 4- Afghanistan
6- Hong Kong
5- Pakistan
7- Taiwan, Macau
3. Central Asia: 6- Bhutan
1- Tajikistan 7- Nepal
8- Maldives
2- Uzbekistan
Significance of Panama
Panama Canal has significant and important to Panama for income and jobs, and it is also
considered to be vitally important to the United States economy. Many U.S. exports and imports
travel through the Canal daily (over 10% of all U.S. shipping goes through the Canal). Exports
represent jobs for U.S. citizens because the products were made by U.S. workers. Imports enable
U.S. consumers to receive needed products.
Since the United States is the only superpower in the world, the United States is interested in
keeping the global economy running smoothly. If world trade is disrupted, it can lead to
worldwide economic problems. Therefore, any disruption in the flow of goods through the
Panama Canal could directly hurt the U.S. and global economies. For instance, if England were
selling products to Peru, England's economy would suffer if the Canal were not operating.
Without access to the Canal, the cost of exports from England to Peru would significantly
increase because England would have to regain the added expenses involved in sailing around
South America. Because of increased prices, Peru could not afford to purchase as many products
from England, which in turn would decrease England's revenues gained from exports. Decreased
revenues means that England would have less money available to purchase products from the
United States and other countries. A "domino effect" would be set in motion as the United States
and other countries experienced similar problems with their exports and imports. This example
illustrates the economic importance the Panama Canal has to the U.S. and global economies.
If one considers the thousands of ships full of goods that pass through the Canal every year and
the impact that closing the Canal would have on the world economy, one can understand the
economic importance of the Canal. Therefore, keeping the Canal open is directly and indirectly
important to the United States and to the global economy.
Significance of Mexico
Mexico is one of the most important countries in the world for the United States. It’s the second-
largest buyer of U.S. goods, the third-biggest consumer of U.S. agricultural products and
America’s third-most-important trading partner, after China and Canada. We trade over a million
dollars of stuff every minute.
The recent discovery of vast quantities of petroleum and natural gas in Mexico has heightened
interest in Mexico-United States relations. Mexicans have had mixed reactions to the sudden
importance that the United States has attributed to the bilateral relationship. Having long accused
the United States of neglecting their country, Mexicans are pleased by the attention they now
receive. On the other hand, the history of relations between the two countries, which includes
United States military interventions and a war that resulted in the loss of half of Mexico's
territory to the United States, makes Mexicans apprehensive about the intentions of its northern
neighbor.