Friday, September 4, 2009

Overlap between Free Trade Areas and free trade agreements?

Is the world map of Free Trade Areas AND bilateral free trade agreements becoming too messy to make "sense" to companies?

Example:

Country X is a member of Free #Trade Area A,
country Z is a member of Free Trade Area B.

Does a free trade agreement between X and Z "undercut"/undermine Free Trade Areas A and B?

Eg Mexico is a member of NAFTA, Brazil and member of Mercosur. How does a bilateral trade agreement between Brazil and Mexico affect NAFTA and Mercosur?

Food for thought!

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Hi there,

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Thanks.
BRs
Nick

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