Nieto: Starting to See Success of Pacific Alliance

Nieto: Starting to See Success of Pacific Alliance

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Interactive Video

Business, Social Studies

University

Hard

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The Pacific Alliance, founded by government efforts, aims to integrate member countries and involve stakeholders like entrepreneurs. It promotes economic stability and represents a significant market potential, accounting for 50% of Latin America's GDP. The alliance facilitates trade agreements, allowing 92% of goods to be traded tax-free, with a gradual reduction for the rest. This has led to increased tourism and aims to strengthen trade with Asia Pacific.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact has the Pacific Alliance had on tourism among its member countries?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the Pacific Alliance facilitate trade with Asia Pacific?

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