... economic blocs, and globalization, expressed through an increasing internationalization of national economies. The very first antecedents of Latin American integration are from the sixties, when the Latin American Association of Free Trade (Associacion Latino Americana de Livre Comércio - ALALC) was created. This was later transformed into the Latin American Association of Development and Integration (Associacion Latino Americana de Desenvolvimiento ... worldwide economy, due to the fact that a lot of foreign investment was in the country and a lot of multinational companies suffered b...

• Word Count: 3213
• Approx Pages: 13
• Grade Level: Undergraduate