1. Latin America
Thus, an expansion of the market through a process of integration of the Latin American economies was considered. The formation of a common market, supplied mainly by regional industries, would provide economic solutions to many of Latin America's problems. ... MERCOSUR initially targeted free-trade zones, then customs unification and, finally, a common market, where in addition to customs unification the free movement of manpower and capital across the member nations' international frontiers is possible, and depends on equal rights and duties being granted to all signatory countri...
- Word Count: 1172
- Approx Pages: 5
- Grade Level: Graduate