Hmm, the world global economy is shaping up into a few large trading blocks.
China, ASEAN to create trade bloc
Monday, November 29, 2004 Posted: 8:34 AM EST (1334 GMT) CNN.COM
Already existing is NAFTA (Canada+US+Mexico) and the EU (Europe).
I've seen proposals to expand NAFTA to more of the America's, and now China and ASEAN have agreed to form a free-trade zone.
That leaves me pondering the fate of other regions .. for example, India is not included in this new China/ASEAN bloc, and we have India and Pakistan in interesting conversations. That leaves Africa, the Middle East and Central Asia uncovered by "free-trade" zones.
That also leaves me pondering just who is served by these free trade agreements?
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