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This book focuses on one of the most strategic developments in international trade-the proposed Free Trade Area of the Americas Agreement-due for completion in 2005. This US initiative aims to replicate the NAFTA Agreement across all 34 countries of South and North America (except Cuba). This volume explains the origins and ongoing process of the negotiations and explains why the US wants to expand its NAFTA model. It makes clear that investment protection, in addition to trade, is at the heart of the new agreement. And it examines in-depth the possible consequences for Mercosur, Brazil, and the region's many small economies.

Free trade --- Free Trade Area of the Americas (Organization) --- United States --- Commercial policy. --- Free Trade Area of the Americas (Organization).

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Customs unions. --- Free trade --- Free Trade Area of the Americas (Organization)

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Free trade --- Free Trade Area of the Americas (Organization) --- United States --- Latin America --- Foreign economic relations --- Latin america --- Business & economics --- Political science

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Free trade --- Free Trade Area of the Americas (Organization) --- Summit of the Americas --- United States --- Commercial policy. --- Customs unions --- Business & economics

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"This title was first published in 2000: This work examines the hemispheric diplomacy after the Summits of the America in Miami (December 1994) and Santiago (April 1998), focusing on the strengthening of the South American position in the FTAA negotiations and the Brazilian proposal for a South American Free Trade Area (SAFTA). The book also looks at the implications of the preceding analysis for regional integration theory and international relations theory. The conclusion looks beyond "open regionalism" and considers three scenarios for US-South American relations after the Santiago Summit. First reassertion of US hegemony and signing of an FTAA agreement on schedule, second, erosion of US hegemony but continuing negotiations between North and South America for a "distant" FTAA, and finally, breakdown of the FTAA negotations and emergence of SAFTA as an alternative to the FTAA."--Provided by publisher.

Free trade --- Free trade and protection --- Trade, Free --- Trade liberalization --- International trade --- Free Trade Area of the Americas (Organization) --- FTAA --- Area de Libre Comercio de las Américas (Organization) --- ALCA (Free Trade Area of the Americas) --- Free Trade Area of Americas (Organization) --- Area de Livre Comércio das Américas (Organization) --- F.T.A.A. --- Vrije Handelzone van de Amerikas (Organization) --- South America --- Economic integration. --- E-books