1. Latin America
After the Second World War, integration assumed concrete form in plans of varying degrees of success, the Central American Common Market, the Latin American Free Trade Agreement, and the Andean Pact, to list some. Since the 1980s, integration schemes have developed with greater force, perhaps encouraged by the formation of the North American Free Trade Agreement (NAFTA), which in 1994 added Mexico as its third member, along with the United States and Canada. ... The purposes of MERCOSUR include: Free transit of production goods, services and factors between the member states with inter alia...
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