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Flashcards in Latin America Deck (8)
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1
Q

What blocs

A

Mercosur

Pacific alliance

2
Q

When was mercosur formed

A

1991

OLDer

3
Q

What counties mercosur

A
Brazil 
Argentina 
Paraguay
Irahusu 
Venezuela
4
Q

What is mercosur

A

Traditional customs union
Operates similar to EU

“Common market of the south”

Free movement of labout between member states

Tends to fview EY and North America as main market s

5
Q

Pacific alliance formed

A

2012

6
Q

Pacific alliance countries

A

Chilli
Peru

Comobisn

Mexico

7
Q

Pacific alliance what is it

A

Open to making bilateral agreements with other nations and trading entities

Asia Pacific and USA main markets

Will be parts of transpacific partnership

This group growing much more quickly

8
Q

Future

A

2 groups come together

Latin American Union