Abstract

RENDON ACEVEDO, Jaime Alberto. Asymmetries: a fuzzy topic in the process of integration. suma neg. [online]. 2012, vol.3, n.spe3, pp.19-32.  Epub Mar 01, 2021. ISSN 2215-910X.

FTAs have gained prominence in the trade policy of Latin American countries to the detriment of other forms of economic integration. In this trend there is a predominance of south-north schemes, where all kinds of asymmetries are evident. The aim of this paper is to demonstrate that the reduction of asymmetries should be a primary goal of the FTAs. The methodology is a review of literature on Latin American FTAs with the United States, particularly those signed by Mexico, Chile and Colombia. As a result, we see that an appropriate treatment of the differences between involved economies is not only desirable for the development of Latin American countries but also it is possible through monetary and industrial policy adjusted to the reality of these countries.

Keywords : Economic integration; free trade agreements; NAFTA; asymmetries; trade policy.

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