In August 2002, the US President signed a trade agreement which allowed more duty-free access to the US market for Latin American and Caribbean countries.
Who might benefit in the short run from this agreement?
1 )
Caribbean countries, because they may export to Latin America
Latin American businesses, because they may be able to sell more in the US
3 )
Latin American governments, because they will not have to pay so much duty
4 )
the US, because it may export more to Latin Americ
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