The benefits of the FTAA

What do you think of Keat’s argument about the benefits of the FTAA? Would the hemisphere be more prosperous, peaceful, democratic, and stable today if the OAS member states agreed to and entered into an FTAA by 2005?

The FTAA ended in failure after negotiating states failed to reach an agreement by the 2005 deadline. The Brazilian government, in particular, resisted a free trade area with the U.S. because of continued U.S. subsidies for domestic agriculture, which Brazil claimed created an ‘unfair’ and ‘unfree’ trade relationship.