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Re: Your views on the FTAA
| quote: | Originally posted by NYCTrancefan
I firmly believe that as Europe comes more and more closer to economic integration of the continent as well as Asia in the upcoming years, It is very important for the U.S. to be an integral part of what could be the largest economic region. The Free Trade Area of the Americas, certainly seems interesting, one of the important questions remaining is will it be ala NAFTA, I actually admire the position that Brazil has adopted in telling the U.S. that in order for us to engage in full free trade, the game must be fair and beneficial to both sides. Too often in these free trade agreements the U.S. is deemed as the monster that dumps its goods onto other markets, while strongly protecting itself, perhaps the main nation that defies this is China in relation to the U.S deficit with it. One of the things is that Brazil wants a flexible agreement that allows nations to signup to parts of the FTAA agreement that they like, as opposed to the U.S. Canada, Chile and Mexico who favor an encompassing agreement, I imagine that as Brazil goes on this agreement so will the rest of South America and maybe Central America and the Caribbean. |
hmm. well if that were an essay i dont think you would get a decent grade for clarity...
but i think that the rest of Latin America would have a problem following that simply because of the sheer weight of the IMF and World Bank's responsibility in regards to the previous agreements put forth. Brazil is only in a position to talk shit because they have the only strong economy.
if countries are allowed to choose what they want to follow, that could be alright in the short run - philosophically - but not good overall. Mexico was given an 8 yr period over which to levy the prices of Mexican agriculture in reference to US agro, and they chose cheap US goods straight up after less than 3 years.
there are issues to neolib globalization - and things wont simply turn around because it looks opportunistic, especially when those countries are already into rediculous debt and behind in regards to industrialization|
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