which is being pushed and perhaps someday merged into an overall 1507FTAA of

Which is being pushed and perhaps someday merged into

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which is being pushed and perhaps someday merged into an overall 15:07FTAA of the entire hemisphere. -------------------- 3.2 aka a common market of the south, of South America, a free trade bloc of South America 0:30Now much like NAFTA, they started talking about this in the mid 1980s 0:34And it was really solidified in the early 1990s. 1991 0:38is when the players, the main players in this, Brazil and Argentina 0:42got together and said hey 0:43let's eliminate tariffs between our countries However unlike NAFTA 1:31they're also talking about the free movement of labor 1:35That's really one of the things they started talking about right from the initiation of this thing in the early '90s you kind of have to standardized law across your states 2:05You have to standardize the justice system. 2:08You can't have fugitives running around across international borders 2:11You got to have some sort of protection, labor laws 2:14that's common amongst all of those countries set up a standardized tariff system for 2:48external trade partners. With a single tariff system for the whole block it does really 3:32facilitate and encourage trade. Because now China goes to the bloc and says hey 3:37We want to trade autos, and the bloc gets together in signs one set of papers and they set one Uruguay and Paraguay, they were original members as well Venezuela. I go ahead and count as a full-fledged MERCOSUR member too with a little bit of a disclaimer but I think it's Uruguay that has a personal problem with Chavez and so they've
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