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A glimpse at DR-CAFTA.(Dominican Republic-Central America Free Trade Agreement)(effect on outsourcing)

CRM Magazine

| August 01, 2005 | Bailor, Coreen | COPYRIGHT 2008 Information Today, Inc. (Hide copyright information)Copyright

The Dominican Republic-Central America Free Trade Agreement (DR-CAFTA) is a heavily debated topic, but some CRM industry pundits contend that it could have little effect on outsourcing. The agreement's objective is to create a free trade zone between the United States and Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and (most recently) the Dominican Republic. DR-CAFTA resembles the also controversial North American Free Trade Agreement (NAFTA), which includes Canada, Mexico, and the U.S., and is seen as essential to the proposed Free Trade Area of the Americas (FTAA), which would include all Central American, South American, and Caribbean countries, except Cuba.

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