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What are some similarities/differences with the proposed FTAA and the EU?

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http://www.ftaa-alca.org/

official website of FTAA... a trade agreement with south, central and north america i believe...

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  1. Similarities:

    * free trade between member nations

    * geographic proximity of members

    Differences:

    * FTAA does not have a common currency

    * FTAA Secretariat has much less lawmaking authority than EU government.

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