South America Trade Blocs Case Study

• When was the Latin American Integration Association (ALADI) established?

  1980
• Where is the headquarters of ALADI located?

  Montevideo, Uruguay
• How many countries are members of ALADI?

  13 countries
• Name three member countries of ALADI.

  Argentina, Brazil, Chile
• What is the primary role of ALADI?

  Promotes a common market by reducing trade barriers
• How does ALADI facilitate regional trade agreements?

  By boosting intra-regional trade
• What type of projects does ALADI support?

  Infrastructure and trade logistics improvements
• What kind of assistance does ALADI provide to member countries?

  Help to implement trade policies
• What is one example of ALADI's work regarding trade agreements?

  Facilitates agreements that reduce tariffs
• What type of infrastructure projects does ALADI support?

  Transportation networks like highways and ports
• What is one current objective of the ALADI trade agreement?

  Tariff preferences for easier business trade
• How does ALADI encourage export stimulation?

  By providing preferential access to regional markets
• What does economic cooperation within ALADI lead to?

  More investment in transport and customs infrastructure
• When was the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) established?

  1948
• Where is the headquarters of ECLAC located?

  Santiago, Chile
• How many member states does ECLAC have?

  46 member states
• What is one of ECLAC's roles?

  Provides in-depth economic analysis
• How does ECLAC promote regional integration?

  By promoting economic cooperation among member countries
• What type of projects does ECLAC support?

  Initiatives in social development and sustainability
• What project did ECLAC launch for climate resilience?

  Projects to boost climate resilience in the Caribbean
• What is one current objective of ECLAC's trade agreement?

  Sustainable development through renewable energy investment
• How does ECLAC support digital transformation?

  By enhancing digital infrastructure projects
• What is the EU-Latin America Partnership aimed at?

  Strengthening ties to tackle economic disparities
• When was the Inter-American Development Bank (IDB) established?

  1959
• Where is the headquarters of the IDB located?

  Washington, D.C.
• How many countries are members of the IDB?

  48 countries
• What is one role of the IDB?

  Funds projects that promote economic growth
• How does the IDB support social development?

  By enhancing education, health, and social protection
• What does the IDB promote among Latin American countries?

  Economic integration and cooperation
• What is one commitment of the IDB regarding climate action?

  Funding projects that promote renewable energy
• What type of infrastructure projects does the IDB fund?

  Construction of highways and public transportation
• What educational initiatives does the IDB support?

  Programs to improve educational facilities
• When was Mercosur created?

  1991
• Which countries were the founders of Mercosur?

  Brazil, Argentina, Paraguay, Uruguay
• How many nations currently make up Mercosur?

  5 acting nations
• Which country joined Mercosur in 2023?

  Bolivia
• How many associate members does Mercosur have?

  6 associate members
• What was the GDP of the 4 founding member states of Mercosur?

  Roughly $5.5 trillion
• How did intra-Mercosur trade change from 1991 to 1994?

  Rose from 12% to 19% of total trade
• What tariff reduction did Brazil and Argentina decide in 2021?

  Reduced tariffs by 10% on certain products