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Why should Latin American countries liberalize their trade?Discuss the pros and cons of tariff reduction.Next, discuss how the countries have pursued market diversification through regional

Why should Latin American countries liberalize their trade?Discuss the pros and cons of tariff reduction.Next, discuss how the countries have pursued market diversification through regional trade agreements. Why has this strategy been pursued?Considering one subregion (Southern Cone, Andean, Brazil, Central America, Mexico, Caribbean), do you think regional trade agreements have advanced very far

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