Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

Will Central America, by adopting trade pacts such as PPP and CAFTA, trade one form of dependency for another?

Sagot :

Gibbs
It is possible as a result of new free trade agreements that the Central American countries will become more dependent on the United States as a result of the terms of the agreement. However, the Central American countries have decided to engage in this agreement because they feel that the terms of the agreement will help to boost trade and gain greater access to the American market. The trade pact was put into place in 2005 and 2006. It takes careful analysis to determine who the winners and losers of this trade bloc will be, however, the possibility remains for inequitable gains to be made. 
Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.