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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