ASYMMETRIES: A FUZZY TOPIC IN THE PROCESS OF INTEGRATION
FTAs have gained prominence in the trade policy of Latin American countries to the detriment of otherforms of economic integration. In this trend there is a predominance of south-north schemes, whereall kinds of asymmetries are evident. The aim of this paper is to demonstrate that the reduction ofasymmetries should be a primary goal of the FTAs. The methodology is a review of literature on LatinAmerican FTAs with the United States, particularly those signed by Mexico, Chile and Colombia.As a result, we see that an appropriate treatment of the differences between involved economiesis not only desirable for the development of Latin American countries but also it is possible throughmonetary and industrial policy adjusted to the reality of these countries.Key words: economic integration, free trade agreements, NAFTA, asymmetries, trade policy.
Fundación Universitaria Konrad Lorenz - Escuela de Negocios