Free trade area of the americas initiative

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At the beginning of the century there was the Free Trade Area of the Americas (FTAA) Initiative (ALCA in Spanish) promoted by the president of the United States, George W. Bush and the Bolivarian Alternative for the Americas (ALBA in Spanish) Initiative promoted by Venezuelan president Hugo Chavez. Let's assume that you were an International Business Advisor and that a Central American president thought that her country could take advantage of both initiatives. In that regard, what would you have advised the president? Do you think that it was possible to take advantage of both types of initiatives? Why or why not? Explain very well your answer.

Reference no: EM133164893

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