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Changing Business Environments, International Trade And Regional Integration: Who Needs Cafta?

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  • Julius M. Walecki

Abstract

Despite little progress in FTAA negotiations, other regional trade agreements are being considered by the US government. The recently signed CAFTA brings hope to smaller developing nations in Central America and it should offer new opportunities to US businesses. However, the new trade pact has not been free from controversy and criticism, and opposition to free trade has been stronger in the USA than in Latin America.

Suggested Citation

  • Julius M. Walecki, 2007. "Changing Business Environments, International Trade And Regional Integration: Who Needs Cafta?," Economic Affairs, Wiley Blackwell, vol. 27(2), pages 73-77, June.
  • Handle: RePEc:bla:ecaffa:v:27:y:2007:i:2:p:73-77
    DOI: 10.1111/j.1468-0270.2007.00733.x
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    References listed on IDEAS

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    1. Brown, Drusilla K. & Kiyota, Kozo & Stern, Robert M., 2005. "Computational analysis of the Free Trade Area of the Americas (FTAA)," The North American Journal of Economics and Finance, Elsevier, vol. 16(2), pages 153-185, August.
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    3. Jeffrey A. Frankel, 1997. "Regional Trading Blocs in the World Economic System," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 72, October.
    4. Eugene Beauliue & Ravi Yatawara & Wei Guo Wang, 2005. "Who supports Free Trade in Latin America?," International Trade 0506002, University Library of Munich, Germany.
    5. Gisela Stuart, 2006. "The European Union And Economic Decline: Why We Need Another Ludwig Erhard," Economic Affairs, Wiley Blackwell, vol. 26(3), pages 62-66, September.
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