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Topic: Business
Number of pages / Number of words: 16 / 4462
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Finally the Andean Community (CAN) formed by Bolivia, Colombia, Ecuador, Venezuela, and Peru.

The latest of these economic blocs is the proposed implementation of the FTAA by December 31, 2005, which will be the world's largest economic bloc. The FTAA is planned to include all 34 countries on the North and South America continents, except for Cuba...


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In contrast to the European Union, in which the majority of its initial member countries had highly developed economies with the exception two or three countries, the majority of the FTAA country members are third world countries except for the United States and Canada. The main problem behind the FTAA is how secretively and quickly the whole process is being developed and scheduled to be implemented...


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