Why would a developing nation agree to a free trade agreement like NAFTA or CAFTA with the US?
Aside from employment opportunities, what are the other benefits that a developing country, like many in Latin America, mught get by joining one of these agreements? Oftentimes the availability to get IMF and World Bank funds is tied to free trade agreement
Listen to the truth: THERE ARE NO BENEFITS. If there were, why are there 80 countries today with less GDP than they had 10 years ago when the NAFTA ordeal began (followed by the recent CAFTA)? The only reason these countries agree with these trade deals
The crisis has reached a boiling point under the Central America Free Trade
The Central American Free Trade Agreement (CAFTA), which was negotiated between the US as well as five Central American countries (Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua) and the Dominican Republic in 2006, passed by only two votes,




