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The Winners and Losers of Free Trade in the Americas - April 2001

General Interest and Trends  
Author:  InfoAmericas  

 

The vivid television images of violent demonstrations in Quebec City this month demonstrate the extent to which the concept of free trade has fallen out of favor in the public mind. Like the Seattle protesters before them, the demonstrators have succeeded in stoking the natural fears of a skeptical public. The pre-scripted and hollow-sounding words of the hemisphere's politicians do little to mitigate the suspicions of those who envision their way of life at the mercy of unscrupulous multinationals. Latin Americans fear the return of a US-led corporate conquest and a loss of sovereignty. Americans and Canadians fear the loss of jobs to poorer competitors. Across the Americas, organized labor and environmental groups predict cataclysmic results.

 
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