European and North American Freight Transportation Systems
Question
Instructions:
In 2-3 pages (not counting cover and references), compare and contrast the European and North American freight transportation systems, globalized trade, and global policy implications.
Submission Instructions: Please attach the assignment in Microsoft Word Format. Format your paper consistent with APA guidelines. See Supporting Materials for a student paper template. Provide a minimum of 3 in text citations with an APA Reference List.
ThankYou


Solution
European and North
American Freight Transportation Systems
Transportation is essential for the
world economy to run smoothly. This is why it is important to understand how
freight works when analyzing the trade between North America and Europe.
Freight systems are used by many businesses and countries to ensure economic
stability. The transportation of goods in Europe and North America is
different. One example is the use of containers for shipping goods. Containers
are used more often in Europe, while North America relies more on traditional
transportation methods. Both North America and Europe have adopted technology
in the freight system. This has made the work faster, easier, and more
efficient. For example, you can see technology in storage facilities, such as
refrigerating products during transportation using a fast train (Rodrigue &
Notteboom, 2010). In addition, the two systems should use the modern harbor
when loading and offloading cargo. This will help pack and unpack cargo quickly
and efficiently. Europe and North America are two major markets that share similarities
in terms of import functions and freight distribution systems.
North America and Europe are both
developed countries, but they have different ways of transporting goods. North
America's geography and climate have led to different types of infrastructure.
The studies have shown that North America's transport policy is based on
significant changes, while Europe's transport policy is more incremental.
Another contrast between the two continents is that North America has
long-distance rail service, while Europe is used to long-distance freight rail
services. Additionally, companies in Europe usually opt for direct delivery
instead of using distribution centers like North America. The gateway location
is important to North America and Europe, but for different reasons. In North
America, the gateway location is close to the major market. However, in Europe,
the key difference is in the logistical tactics used in their respective
territories.
When it comes to globalized trade and
policy implications, North America and Europe have some similarities and some
differences. For example, North America has been focusing more on strengthening
its economic and political position in Asia in the past few years. The United
States has been trying to make its economy stronger to compete with China's
economy. But apart from that, the significant difference between Europe and
North America when it comes to global trade is that they have different global
trade partnerships. For instance, North America's major global trade is with
countries in NAFTA, while Europe's major global trade is with countries in the
E.U (Flores, 2015). The two trading blocs have helped liberalize trade for all
member countries in the two continents. They have also helped to remove trade
barriers affecting their economy by eliminating tariffs and quotas. Although
NAFTA and E.U. have some similarities, they also have some differences. For
example, NAFTA does not have any supranational institutions like the E.U. This
makes it difficult to solve any disputes among its members. Another difference
between NAFTA and the E.U. is that NAFTA does not have antitrust policies
(Constantinescu, Mattoo & Ruta, 2015). When it comes to global policy, it
is clear that Europe and North America have different ideas. Europe believes in
national sovereignty, while North America believes in the globalization of
capitalism. The global policy helps keep the two regions together. The world's
politics are breaking up into different parts, but global policy helps stop
that from happening.
References
Constantinescu,
C., Mattoo, A., & Ruta, M. (2015). The global trade slowdown:
cyclical or structural? International Monetary Fund.
Flores,
A. S. (2015). Tariffs and their Impact on Global Trade and Local Economies.
Rodrigue,
J. P., & Notteboom, T. (2010). Comparative North American and European
gateway logistics: the regionalism of freight distribution. Journal of
Transport Geography, 18(4), 497-507.



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