The United States Central American Free Trade Agreement (CAFTA) is a trade agreement that is being negotiated between the United States and five Central American countries: Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua. "The United States is committed to opening markets around the world because American farmers, workers, consumers and businesses want to sell our world class goods and services. CAFTA will simplify trade; promote investment; slash tariffs on goods; remove barriers to trade …
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showed last 75 words of 778 total
…thing will happen when CAFTA takes effect. Central and North America will suffer as a result of CAFTA; only corporations who take advantage of Central America's cheap labor markets will gain. This agreement may advance the globalization process but little research has been done on CAFTA since trade negotiations started a year ago. The U.S. citizens should be aware that the government seems to be making "trade free" as opposed to making "trade fair."