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Article: Perspectives on Regional Trade: CARICOM, MERCOSUR and NAFTA revisted.
- Article from:
- Hemisphere
- Article date:
- March 22, 1997
- Author:
CopyrightCOPYRIGHT 1997 Latin American and Caribbean Center. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Four University of North Florida professors,9(1) who recently completed a two-year study under the auspices of a grant from the United States Department of Education, concluded that the "opening" of Cuba will have a greater impact upon the Caribbean community than the North American Free Trade Agreement (NAFTA). Furthermore, intraregional commercial relations are more important to the South American countries than NAFTA.
When Congress passed--and President William J. Clinton signed--the NAFTA agreement in late 1993, there was widespread concern of its potential damage to the United States economy. Little attention was given in the US to the possible impact that NAFTA ...