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Judging from reports out of the World Economic Forum, news of the demise of the Free Trade Area of the Americas (FTAA) has been greatly exaggerated. In fact, according to Reuters, American and Brazilian trade officials engaged in high-level negotiations aimed at "breath[ing] life" into the FTAA. Brazil and the United States are the key players at the FTAA bargaining table as they are the co-chairs of the negotiations.
U.S. Trade Representative Robert Zoellick remarked that the goal of establishing a ...