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<H1>Chapter 21 - Assignment 2: Free Trade Area of the Americas</H1>
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Visit the <a href="http://www.alca-ftaa.org">home page of the Free Trade Area of the Americas</a>.
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<LI>Describe the proposal for a Free Trade Area of the Americas.
<LI>What is the relationship between the proposed Free Trade Area of the Americas and NAFTA?
<LI>Based on the discussion on pp. 527-529 of your text, discuss how the creation of a Free Trade Area might result in both trade diversion and trade creation. Why is trade diversion a less efficient outcome?
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