Wednesday, March 01, 2006

China's Trade Agreement Proposal

As we have been reading about and learning about the different impacts trade agreements have on a country, I have decided to do more research on the subject. One of the articles I found stated how China has proposed to create a trade agreement with Latin America, and Latin America is not so sure it is a good thing. In our books it is stated that many good relationships come out of trade agreements and that much extra revenue is collected. In the case of China and Latin America, China has been known to not want to pay the fair share and effort in having a trade agreement. Latin American officials who are looking into the agreement say that they think China may be trying to play Latin America, but they are not sure. It seems weird to me that China would go out of its way to create a trade agreement that they weren't going to carry through with, but you never know. Read this article http://americas.irc-online.org/am/389 to find out more interesting facts and opinions about whether or not Latin America should go through with the trade agreement with China or not.

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